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Electronic disbursement and collections.
Law
Utah Code
Financial Institutions Act
Check Cashing and Deferred Deposit Lending Registration Act
Deferred Deposit Lending Operations
Electronic disbursement and collections.
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(1) credit the amount of the deferred deposit loan through an electronic payment to the person receiving the deferred deposit loan; or
(2) make the amount of the deferred deposit loan immediately available to the person receiving the deferred deposit loan.
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