Utah Statutes

§ 7-2-13 — Collections in liquidation -- Deposit -- Preference.

Utah § 7-2-13
JurisdictionUtah
Title 7Financial Institutions Act
Ch. 7-2Possession of Depository Institution by Commissioner

This text of Utah § 7-2-13 (Collections in liquidation -- Deposit -- Preference.) 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. § 7-2-13 (2026).

Text

The money collected in process of a liquidation by the commissioner shall be from time to time deposited, subject to the commissioner's order as herein provided, in one or more federally insured depository institutions organized under the laws of this state. In case of the suspension or insolvency of the depository institution, these deposits shall be preferred before all other deposits.

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Legislative History

Amended by Chapter 302, 2025 General Session

Nearby Sections

15
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Bluebook (online)
Utah § 7-2-13, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/7-2-13.