There Is a Newer Version of the Utah Code
2012 Utah Code
Title 7 - Financial Institutions Act
Article 8 - Industrial Banks
- Section 3 - Organization -- Authorization to conduct business -- Deposit insurance.
- Section 5 - Acquisition of own stock restricted -- Capital requirements.
- Section 7 - Reports to commissioner.
- Section 11 - Dividends.
- Section 12 - Charge off of losses sustained on receivables and operating losses -- Replenishment of surplus account.
- Section 13 - Real estate acquisition, holding, and conveyance.
- Section 14 - Investment in property used in conduct of business.
- Section 15 - Bad debts.
- Section 16 - Registration of industrial bank holding company -- Filing and contents of statement -- Exemptions -- Rules.
- Section 19 - Meetings of the board of directors.
- Section 20 - Limitations on loans to one borrower -- Exceptions -- Rules.
- Section 21 - Application of chapter to industrial loan companies.
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