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Termination of authority to transact business.

Utah Code § 7-2-22
in effect
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7-2-22. Termination of authority to transact business. If an institution or other person subject to the jurisdiction of the department is operated by a federal deposit insurance agency or its appointee pursuant to a federal receivership or conservatorship for a period of 180 days or more, the authority of that institution or person to transact business under this title shall terminate upon the expiration of the 180-day period. Enacted by Chapter 229, 1987 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title7/Chapter2/7-2-S22.html?v=C7-2-S22_1800010118000101Fetched: 10/26/2026

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