Utah Statutes

§ 7-23-103.1 — Exemptions.

Utah·Title 7 Financial Institutions Act·Ch. 7-23 Check Cashing and Deferred Deposit Lending Registration Act·Part 7-23-1 General Provisions

The following are not subject to the requirements of this chapter:

(1)a depository institution;
(2)a depository institution holding company;
(3)an institution directly or indirectly owned or controlled by one or more:
(3)(a) depository institutions; or
(3)(b) depository institution holding companies; or
(4)a person that cashes a check in a transaction:
(4)(a) that is incidental to a retail sale of goods or services; and
(4)(b) for consideration that does not exceed the greater of:
(4)(b)(i) 1% of the amount of the check; or
(4)(b)(ii) $1.

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Utah § 7-23-103.1 (Exemptions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Renumbered and Amended by Chapter 96, 2008 General Session

Nearby Sections

15
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