Utah § 7-26-401 Immunity.

Utah Statutes

§ 7-26-401 — Immunity.

Utah § 7-26-401

Title 7Financial Institutions Act

Ch. 7-26Financial Exploitation Prevention Act

Part 7-26-4Immunity

This text of Utah § 7-26-401 (Immunity.) 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. § 7-26-401 (2026).

Text

(1)A covered financial institution or a director, officer, employee, attorney, accountant, agent, or other representative of the covered financial institution:

(1)(a) has no duty to act under this chapter to protect a vulnerable adult from financial exploitation by a third person; and

(1)(b) is immune from all criminal, civil, and administrative liability for not taking a permissive action under this chapter.

(2)A covered financial institution or a director, officer, employee, attorney, accountant, agent, or other representative of the covered financial institution who chooses to act as described in:

(2)(a) Subsection 7-26-201(2), is immune from all criminal, civil, and administrative liability for the act, unless the act is done in bad faith; and

(2)(b) Section 7-26-301 or 7-26-302, i

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(1) A covered financial institution or a director, officer, employee, attorney, accountant, agent, or other representative of the covered financial institution:

(1)(a) has no duty to act under this chapter to protect a vulnerable adult from financial exploitation by a third person; and
(1)(b) is immune from all criminal, civil, and administrative liability for not taking a permissive action under this chapter.
(2) A covered financial institution or a director, officer, employee, attorney, accountant, agent, or other representative of the covered financial institution who chooses to act as described in:

(2)(a) Subsection 7-26-201(2), is immune from all criminal, civil, and administrative liability for the act, unless the act is done in bad faith; and
(2)(b) Section 7-26-301 or 7-26-302, is immune from all criminal, civil, and administrative liability for the act, unless the act:
(2)(b)(i) is done in bad faith; and
(2)(b)(ii) causes pecuniary loss to a vulnerable adult suspected of being a victim of financial exploitation.
(3) The immunity described in this section does not extend to an individual that is a principal, a conspirator, or an accessory after the fact to a criminal offense involving the financial exploitation of a vulnerable adult.