Utah Statutes

§ 7-19-3 — Waiver of procedures.

Utah·Title 7 Financial Institutions Act·Ch. 7-19 Acquisition of Failing Depository Institutions or Holding Companies
The commissioner may waive any of the procedures of Section 7-1-705 or 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 institution or failing or failed depository institution holding company in a supervisory merger or a supervisory acquisition.

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Legislative History

Amended by Chapter 302, 2025 General Session

Nearby Sections

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