Utah § 7-9-42 Record requirements.

Utah Statutes

§ 7-9-42 — Record requirements.

Utah § 7-9-42

Title 7Financial Institutions Act

Ch. 7-9Utah Credit Union Act

This text of Utah § 7-9-42 (Record requirements.) 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. § 7-9-42 (2026).

Text

(1)A credit union shall maintain all books, records, accounting systems, and procedures in accordance with rules the commissioner may prescribe or in accordance with Chapter 1, General Provisions.

(2)In prescribing these rules, the commissioner shall consider the size of a credit union and its ability to comply.

(3)A credit union is not liable for destroying records after the expiration of the record retention time prescribed by the rules.

(4)A photostatic or photographic reproduction of any credit union records shall be admissible as evidence of transactions with the credit union.

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(1) A credit union shall maintain all books, records, accounting systems, and procedures in accordance with rules the commissioner may prescribe or in accordance with Chapter 1, General Provisions.
(2) In prescribing these rules, the commissioner shall consider the size of a credit union and its ability to comply.
(3) A credit union is not liable for destroying records after the expiration of the record retention time prescribed by the rules.
(4) A photostatic or photographic reproduction of any credit union records shall be admissible as evidence of transactions with the credit union.