7-8-13. Real estate acquisition, holding, and conveyance.
An industrial bank may purchase, hold, and convey real estate, other than premises used in the conduct of its business, only for the purposes and in a manner prescribed by rule.
Utah Code § 7-8-13, under Chapter 7-8: Industrial Banks.
Utah Code § 7-8-13
7-8-13. Real estate acquisition, holding, and conveyance.
An industrial bank may purchase, hold, and convey real estate, other than premises used in the conduct of its business, only for the purposes and in a manner prescribed by rule.