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A person is guilty of a felony of the third degree if:
(1) as an officer, manager, or other person participating in the direction of a financial institution, as defined in Section 7-1-103, he receives or permits receipt of a deposit or other investment knowing that the institution is or is about to become unable, from any cause, to pay its obligations in the ordinary course of business; and
(2) he knows that the person making the payment to the institution is unaware of such present or prospective inability.
Cite this article: FindLaw.com - Utah Code Title 76. Utah Criminal Code § 76-6-512. Acceptance of deposit by insolvent financial institution - last updated May 05, 2022 | https://codes.findlaw.com/ut/title-76-utah-criminal-code/ut-code-sect-76-6-512/
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