Utah Statutes

§ 7-9-39.5 — Supervisory merger.

Utah·Title 7 Financial Institutions Act·Ch. 7-9 Utah Credit Union Act
If a credit union is merged with another credit union as a result of a supervisory action under Chapter 2, Possession of Depository Institution by Commissioner, or Chapter 19, Acquisition of Failing Depository Institutions or Holding Companies, the commissioner may permit the surviving credit union to have a field of membership that is larger than a field of membership permitted under Section 7-9-51.

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Legislative History

Amended by Chapter 189, 2014 General Session

Nearby Sections

15
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