Utah § 7-19-9 Commissioner's powers not limited -- Immunity -- Rules -- Reports.

Utah Statutes

§ 7-19-9 — Commissioner's powers not limited -- Immunity -- Rules -- Reports.

Utah § 7-19-9

Title 7Financial Institutions Act

Ch. 7-19Acquisition of Failing Depository Institutions or Holding Companies

This text of Utah § 7-19-9 (Commissioner's powers not limited -- Immunity -- Rules -- Reports.) 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. § 7-19-9 (2026).

Text

(1)This chapter does not limit any power otherwise granted to the commissioner or to any depository institution or depository institution holding company by the laws of this state.

(2)The commissioner is not subject to any civil liability or penalty nor to any criminal prosecution for any error in judgment or discretion in any action taken or omitted by the commissioner in good faith under the provisions of this chapter.

(3)The commissioner may promulgate such rules and regulations as may be necessary to implement this chapter.

(4)By January 10 of each year, the commissioner shall report to the governor and the Legislature the nature and general terms and conditions of any supervisory acquisition or supervisory merger effectuated under the provisions of this chapter during the precedin

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(1) This chapter does not limit any power otherwise granted to the commissioner or to any depository institution or depository institution holding company by the laws of this state.
(2) The commissioner is not subject to any civil liability or penalty nor to any criminal prosecution for any error in judgment or discretion in any action taken or omitted by the commissioner in good faith under the provisions of this chapter.
(3) The commissioner may promulgate such rules and regulations as may be necessary to implement this chapter.
(4) By January 10 of each year, the commissioner shall report to the governor and the Legislature the nature and general terms and conditions of any supervisory acquisition or supervisory merger effectuated under the provisions of this chapter during the preceding year.