Utah Statutes
§ 7-5-15 — Assets of trust company in possession of the commissioner.
Utah § 7-5-15
This text of Utah § 7-5-15 (Assets of trust company in possession of the commissioner.) 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. § 7-5-15 (2026).
Text
With respect to a trust company in the possession of the commissioner under Chapter 2, Possession of Depository Institution by Commissioner, notwithstanding any law to the contrary, the assets held by the trust company in a fiduciary capacity as a part of its trust business, as defined in Section 7-5-1, are not subject to the claims of any secured or unsecured creditor of the trust company.
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Legislative History
Amended by Chapter 189, 2014 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
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Bluebook (online)
Utah § 7-5-15, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/7-5-15.