{"data":{"id":"us-ut/utah-code-7-9-31","jurisdiction":"us-ut","citation":"Utah Code § 7-9-31","heading":"Shares held in trust.","body":"(1) Shares may be issued to and deposits received in the name of a minor, and these shares and deposits may, in the discretion of the board of directors, be withdrawn by the minor or by the minor's parent or guardian.\n(2) A credit union share account, share certificate, deposit, or deposit certificate may be held in trust provided that the trustor, trustee, or primary beneficiary is a member of the credit union.\n(3) The trustee of the trust meeting the requirements of Subsection (2) shall exercise the rights of the trust as a member of the credit union.","path":["Title 7 Financial Institutions Act","Chapter 7-9 Utah Credit Union Act"],"source_url":"https://le.utah.gov/xcode/Title7/Chapter9/7-9-S31.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"6eca77d185c4a9489cf62c359c5d3a21ffb1c5f7c34aa0d19749a3222f759adf","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-7-9-30","next":"us-ut/utah-code-7-9-32"},"notice":"GroundRules: Original legal text. Not legal advice."}