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Utah · Through 2026 General Session

Utah Code § 7-2-22: Termination of authority to transact business.

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Where this section sits in the code
  1. Title 7 Financial Institutions Act
  2. Chapter 7-2 Possession of Depository Institution by Commissioner

If an institution or other person subject to the jurisdiction of the department is operated by a federal deposit insurance agency or its appointee pursuant to a federal receivership or conservatorship for a period of 180 days or more, the authority of that institution or person to transact business under this title shall terminate upon the expiration of the 180-day period.

Collected 2026-09-03T11:34:33Z. Source file · JSON

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