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Meetings of the board of directors.
Law
Utah Code
Financial Institutions Act
Industrial Banks
Meetings of the board of directors.
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(1) A quorum of the board of directors of each industrial bank shall meet at least once each quarter.
(2) Minutes of each meeting of the board of directors shall be:
(a) kept by the secretary of the industrial bank; and
(b) maintained at the head office of the industrial bank.
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