Utah § 7-18a-207 Annual renewal of certificate of authority.

Utah Statutes

§ 7-18a-207 — Annual renewal of certificate of authority.

Utah § 7-18a-207

Title 7Financial Institutions Act

Ch. 7-18aUtah Foreign Depository Institutions Act

Part 7-18a-2Authorization Required to Conduct Business

This text of Utah § 7-18a-207 (Annual renewal of certificate of authority.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 7-18a-207 (2026).

Text

(1)A foreign depository institution may renew a certificate of authority, issued under Section 7-18a-202, to transact business in this state through an agency, branch, or representative office in a form prescribed by the commissioner.

(2)The application for renewal shall be submitted to the department no later than 60 days before the expiration of the certificate of authority.

(3)The certificate of authority may be renewed by the commissioner upon a determination, with or without examination, that the foreign depository institution:

(3)(a) is in a safe and sound condition; and

(3)(b) has complied with applicable provisions of the law.

(4)An application for renewal of certificate of authority shall be accompanied by the annual fee required by Subsection 7-1-401(5).

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(1) A foreign depository institution may renew a certificate of authority, issued under Section 7-18a-202, to transact business in this state through an agency, branch, or representative office in a form prescribed by the commissioner.
(2) The application for renewal shall be submitted to the department no later than 60 days before the expiration of the certificate of authority.
(3) The certificate of authority may be renewed by the commissioner upon a determination, with or without examination, that the foreign depository institution:

(3)(a) is in a safe and sound condition; and
(3)(b) has complied with applicable provisions of the law.
(4) An application for renewal of certificate of authority shall be accompanied by the annual fee required by Subsection 7-1-401(5).