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Code · Utah · Title 7 — Financial Institutions Act · Chapter 19

7-19-3. Waiver of procedures.

70 words·~1 min read·/ut/title-7/chapter-19/7-19-3

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Effective 5/7/2025
7-19-3. Waiver of procedures.
The commissioner may waive any of the procedures of Section 7-1-705 or any regulation of the department if the commissioner considers it necessary to protect the interest of depositors, creditors, and other customers of a failing or failed depository institution or failing or failed depository institution holding company in a supervisory merger or a supervisory acquisition.
Amended by Chapter 302 , 2025 General Session
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