Utah Statutes

§ 7-28-107 — Property interest of depositor or beneficiary.

Utah·Title 7 Financial Institutions Act·Ch. 7-28 Uniform Special Deposits Act
(1)Neither a depositor nor a beneficiary has a property interest in a special deposit.
(2)(2)(a) Any property interest with respect to a special deposit is only in the right to receive payment if the bank is obligated to pay a beneficiary and not in the special deposit itself.
(2)(b) Any property interest under this Subsection (2) is determined under other law.

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Legislative History

Enacted by Chapter 482, 2025 General Session

Nearby Sections

15
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