Utah Statutes

§ 7-28-115 — Transitional provision.

Utah·Title 7 Financial Institutions Act·Ch. 7-28 Uniform Special Deposits Act

This chapter applies to:

(1)a special deposit made under an account agreement executed on or after May 7, 2025; and
(2)a deposit made under an agreement executed before May 7, 2025, if:
(2)(a) all parties entitled to amend the agreement agree to make the deposit a special deposit governed by this chapter; and
(2)(b) the special deposit referenced in the amended agreement satisfies Section 7-28-104.

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Legislative History

Enacted by Chapter 482, 2025 General Session

Nearby Sections

15
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