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2012 Utah Code
Title 7 - Financial Institutions Act
Article 5 - Trust Business
Section 15 - Assets of trust company in possession of the commissioner.
Universal Citation:
UT Code ยง 7-5-15 (2012)
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7-5-15. Assets of trust company in possession of the commissioner.
With respect to a trust company in the possession of the commissioner under Chapter 2, notwithstanding any law to the contrary, the assets held by the trust company in a fiduciary capacity as a part of its trust business, as defined in Section 7-5-1, are not subject to the claims of any secured or unsecured creditor of the trust company.
Amended by Chapter 200, 1994 General Session
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