Utah Statutes
§ 7-1-207 — Supervisor of industrial banks -- Responsibilities.
Utah·Title 7 Financial Institutions Act·Ch. 7-1 General Provisions·Part 7-1-2 Department of Financial Institutions
(1)The commissioner shall designate an examiner as supervisor of industrial banks who shall be sufficiently qualified by training and experience in the business of industrial banks or other financial institutions or as an employee of a state or federal agency supervising financial institutions to perform the duties of the office.
(2)(2)(a) The supervisor of industrial banks is responsible, subject to the direction and control of the commissioner, for the general supervision and examination of all industrial banks subject to the jurisdiction of the department and other institutions as assigned.
(2)(b) The supervisor shall:
(2)(b)(i) assist and advise the commissioner in the execution of the laws of this state relating to these institutions; and
(2)(b)(ii) perform other duties prescribed i
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Legislative History
Amended by Chapter 92, 2004 General Session
Nearby Sections
15
§ 7-1-1001
Definitions -- Written consent or court order for disclosure by financial institution -- Exception.§ 7-1-1005
Admissibility of information restricted.§ 7-1-1007
Liability of financial institutions.§ 7-1-101
Title.§ 7-1-103
Definitions.§ 7-1-103.5
Control.