Utah Statutes

§ 7-9-2 — Description of credit unions.

Utah § 7-9-2
JurisdictionUtah
Title 7Financial Institutions Act
Ch. 7-9Utah Credit Union Act

This text of Utah § 7-9-2 (Description of credit unions.) 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. § 7-9-2 (2026).

Text

A credit union is a cooperative, nonprofit association, incorporated under this chapter to encourage thrift among its members, to create sources of credit at fair and reasonable rates of interest, and to provide an opportunity for its members to use and control their resources on a democratic basis in order to improve their economic and social condition.

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Related

Utah Bankers Ass'n v. America First Credit Union
912 P.2d 988 (Utah Supreme Court, 1999)
4 case citations

Legislative History

Enacted by Chapter 16, 1981 General Session

Nearby Sections

15
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Bluebook (online)
Utah § 7-9-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/7-9-2.