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Current as of January 01, 2025 | Updated by Findlaw Staff
Notwithstanding any provision of Title 7, Chapter 9, Utah Credit Union Act, or any other applicable statute requiring membership in the credit union by a borrower, a state or federally chartered credit union may make a loan to a developer of a qualified project and may request a deposit in accordance with Sections 51-12-201 and 51-12-202.
Cite this article: FindLaw.com - Utah Code Title 51. Public Funds and Accounts § 51-12-204. Exception to credit union lending requirements - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-51-public-funds-and-accounts/ut-code-sect-51-12-204/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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