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2025 Utah Code
Title 7 - Financial Institutions Act
Chapter 9 - Utah Credit Union Act
Section 39.5 - Supervisory merger.
Universal Citation:
UT Code § 7-9-39.5 (2025)
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Effective 5/13/2014
7-9-39.5. Supervisory merger.
If a credit union is merged with another credit union as a result of a supervisory action under Chapter 2, Possession of Depository Institution by Commissioner, or Chapter 19, Acquisition of Failing Depository Institutions or Holding Companies, the commissioner may permit the surviving credit union to have a field of membership that is larger than a field of membership permitted under Section 7-9-51.
Amended by Chapter 189, 2014 General Session
7-9-39.5. Supervisory merger.
If a credit union is merged with another credit union as a result of a supervisory action under Chapter 2, Possession of Depository Institution by Commissioner, or Chapter 19, Acquisition of Failing Depository Institutions or Holding Companies, the commissioner may permit the surviving credit union to have a field of membership that is larger than a field of membership permitted under Section 7-9-51.
Amended by Chapter 189, 2014 General Session
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