State Codes and Statutes

Statutes > Utah > Title-07 > Chapter-07 > 7-7-16

7-7-16. Depositories used by associations.
No association shall deposit any of its funds except with a depository approved by a voteof the directors of the association, any director who is an officer, partner, director, or trustee ofthe depository so designated taking no part in the vote.

Enacted by Chapter 16, 1981 General Session

State Codes and Statutes

Statutes > Utah > Title-07 > Chapter-07 > 7-7-16

7-7-16. Depositories used by associations.
No association shall deposit any of its funds except with a depository approved by a voteof the directors of the association, any director who is an officer, partner, director, or trustee ofthe depository so designated taking no part in the vote.

Enacted by Chapter 16, 1981 General Session