Utah § 7-28-108 When creditor process enforceable against bank.

Utah Statutes

§ 7-28-108 — When creditor process enforceable against bank.

Utah § 7-28-108

Title 7Financial Institutions Act

Ch. 7-28Uniform Special Deposits Act

This text of Utah § 7-28-108 (When creditor process enforceable against bank.) 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. § 7-28-108 (2026).

Text

(1)Subject to Subsection (2), creditor process with respect to a special deposit is not enforceable against the bank holding the special deposit.

(2)Creditor process is enforceable against the bank holding a special deposit with respect to an amount the bank is obligated to pay a beneficiary or a depositor if the process:

(2)(a) is served on the bank;

(2)(b) provides sufficient information to permit the bank to identify the depositor or the beneficiary from the bank's books and records; and

(2)(c) gives the bank a reasonable opportunity to act on the process.

(3)(3)(a) Creditor process served on a bank before the creditor process is enforceable against the bank under Subsection (2) does not create a right of the creditor against the bank or a duty of the bank to the creditor.

(3)(b) Oth

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(1) Subject to Subsection (2), creditor process with respect to a special deposit is not enforceable against the bank holding the special deposit.
(2) Creditor process is enforceable against the bank holding a special deposit with respect to an amount the bank is obligated to pay a beneficiary or a depositor if the process:
(2)(a) is served on the bank;
(2)(b) provides sufficient information to permit the bank to identify the depositor or the beneficiary from the bank's books and records; and
(2)(c) gives the bank a reasonable opportunity to act on the process.
(3) (3)(a) Creditor process served on a bank before the creditor process is enforceable against the bank under Subsection (2) does not create a right of the creditor against the bank or a duty of the bank to the creditor.
(3)(b) Other law determines whether creditor process creates a lien enforceable against the beneficiary on a contingent interest of a beneficiary, including a depositor as a beneficiary, even if not enforceable against the bank.