PocketLaw | Utah Code | Authorization Required to Conduct Business

Authorization Required to Conduct Business

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Representing and transacting business as financial institution restricted -- Restricted names -- Penalty.

Interstate acquisition, merger, and branching.

Restrictions on acquisition of institutions and holding companies -- Enforcement.

Authorization required to engage in business -- Exemptions -- Procedure.

Approval required for certain transactions -- Application -- Grounds for disapproval.

Application to commissioner to exercise power -- Procedure.

Establishing branches and relocating offices -- Application and procedure for approval -- Nonexempt credit unions.

Branches -- Discontinuance of operation.

"Agency" defined -- Purposes and establishment of agency.

Mobile facilities -- Approval required for operation.

Acquisition of office of another financial institution.

Conversion of financial institution -- Approval required -- Procedure -- Federal-state conversion.

Judicial review of acts of commissioner -- Hearing by court.

Loan production offices -- Application and procedure for approval.

Affiliate depository institutions acting as agents -- Notification required.