Utah Statutes
§ 7-3-2 — Restrictions on conduct of banking business.
(1)The establishment or operation in this state of private or partnership banks is expressly prohibited.
(2)An institution may establish or maintain a main office or branch in this state at which to conduct banking business only if:
(2)(a) it is legitimately chartered as a bank by a state, the federal government, or a foreign government; and
(2)(b) in the case of a bank whose home state is not Utah, it is authorized to have a branch in Utah under the laws of this state and the laws of its home state.
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Utah § 7-3-2 (Restrictions on conduct of banking business.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Chapter 49, 1995 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.