{"data":{"id":"us-ut/utah-code-7-3-2","jurisdiction":"us-ut","citation":"Utah Code § 7-3-2","heading":"Restrictions on conduct of banking business.","body":"(1) The establishment or operation in this state of private or partnership banks is expressly prohibited.\n(2) An institution may establish or maintain a main office or branch in this state at which to conduct banking business only if:\n(a) it is legitimately chartered as a bank by a state, the federal government, or a foreign government; and\n(b) in the case of a bank whose home state is not Utah, it is authorized to have a branch in Utah under the laws of this state and the laws of its home state.","path":["Title 7 Financial Institutions Act","Chapter 7-3 Banks"],"source_url":"https://le.utah.gov/xcode/Title7/Chapter3/7-3-S2.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"6e8fcfdccc0e1374af5d29e4a03b8481559fc53f1ffd798f783b9806a5c95516","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-7-3-1","next":"us-ut/utah-code-7-3-3"},"notice":"GroundRules: Original legal text. Not legal advice."}