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20 chapters · 367 sections in this title.
Utah Code § 7-19-1 Definitions.
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7-19-1. Definitions. As used in this chapter: (1) "Failing or failed depository institution" means a depository institution under the jurisdiction of the department: regarding which the commissioner makes a finding that any of the conditions set forth in Subsectionsthroughexist; …
Utah Code § 7-19-2 Supervisory acquisition or merger authorized or required by commissioner.
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7-19-2. Supervisory acquisition or merger authorized or required by commissioner. Notwithstanding any provision of law to the contrary, the commissioner, or any receiver or liquidator appointed by the commissioner, may solicit offers from and authorize, require, or give effect to…
Utah Code § 7-19-3 Waiver of procedures.
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7-19-3. Waiver of procedures. The commissioner may waive any of the procedures of Sectionor any regulation of the department if the commissioner considers it necessary to protect the interest of depositors, creditors, and other customers of a failing or failed depository institut…
Utah Code § 7-19-4 Rights and powers of acquired or resulting institution or holding company.
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7-19-4. Rights and powers of acquired or resulting institution or holding company. Any depository institution or depository institution holding company acquired, or the resulting institution in a merger under the provisions of this chapter, has all the rights, powers, and privile…