Utah Code § 7-1-609: Payroll deduction savings -- Direct deposit of wages.
Where this section sits in the code
- Title 7 Financial Institutions Act
- Chapter 7-1 General Provisions
- Part 7-1-6 Deposit Accounts
A depository institution may contract with an employer with respect to the:
(1) solicitation, collection, and receipt of savings by payroll deduction to be credited to a designated account of an employer's employee who voluntarily elects to participate; or
(2) direct deposit by electronic or other medium of wages or salary paid by the employer to the account of the employee in a depository institution upon the employee's designation in writing of the depository institution as the recipient of the deposits.
Collected 2026-09-03T11:34:33Z. Source file · JSON