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Utah Code Title 7. Financial Institutions Act § 7-2-22. Termination of authority to transact business

Current as of January 01, 2025 | Updated by Findlaw Staff

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.

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Cite this article: FindLaw.com - Utah Code Title 7. Financial Institutions Act § 7-2-22. Termination of authority to transact business - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-7-financial-institutions-act/ut-code-sect-7-2-22/

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