{"data":{"id":"us-ut/utah-code-7-26-201","jurisdiction":"us-ut","citation":"Utah Code § 7-26-201","heading":"Permitted delay of wire transfers.","body":"(1) This section applies to a wire transfer that transfers money from a consumer account at a covered financial institution.\n(2) If a qualified individual reasonably believes that executing a requested wire transfer will result in financial exploitation, the covered financial institution may:\n(a) delay the wire transfer; and\n(b) contact:\n(i) a law enforcement agency;\n(ii) Adult Protective Services; or\n(iii) a joint co-owner on the account.\n(3) The delay of a wire transfer described in Subsection (2) expires when the earlier of the following occurs:\n(a) the covered financial institution reasonably determines that the wire transfer is not financial exploitation; or\n(b) 15 business days pass after the day on which the covered financial institution first initiated the delay of the wire transfer.","path":["Title 7 Financial Institutions Act","Chapter 7-26 Financial Exploitation Prevention Act","Part 7-26-2 General Prevention of Financial Exploitation"],"source_url":"https://le.utah.gov/xcode/Title7/Chapter26/7-26-S201.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"7ebd1795f74773192913b8aa220ac75c2cd1ee7d7cb9169b3d89e895d24745a3","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-7-26-102","next":"us-ut/utah-code-7-26-202"},"notice":"GroundRules: Original legal text. Not legal advice."}
