Utah Statutes
§ 7-25-301 — Reporting requirements.
Utah·Title 7 Financial Institutions Act·Ch. 7-25 Money Transmitter Act·Part 7-25-3 Operational Requirements
(1)Within 15 days of the occurrence of an event listed in this Subsection (1), a licensee shall file a written report with the commissioner describing the event and its expected impact on the licensee's activities in the state:
(1)(a) the filing for bankruptcy or reorganization by the licensee;
(1)(b) the institution of revocation or suspension proceedings against the licensee by a state or governmental authority with regard to the licensee's money transmission activities;
(1)(c) a felony indictment of the licensee or any of its officers, directors, or principals related to money transmission activities;
(1)(d) a felony conviction of the licensee or any of its officers, directors, or principals related to money transmission activities; and
(1)(e) any other event that the commissioner may
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Utah § 7-25-301 (Reporting requirements.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Enacted by Chapter 284, 2015 General Session
Nearby Sections
15
§ 7-1-1001
Definitions -- Written consent or court order for disclosure by financial institution -- Exception.§ 7-1-1005
Admissibility of information restricted.§ 7-1-1007
Liability of financial institutions.§ 7-1-101
Title.§ 7-1-103
Definitions.§ 7-1-103.5
Control.