7-3-26. Overdraft as asset.
39 words·~1 min read·
/ut/title-7/chapter-3/7-3-26A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
7-3-26. Overdraft as asset.
An overdraft of more than 90 days' standing may not be allowed as an asset of a bank, unless amply secured and in the process of collection.
Amended by Chapter 8 , 1983 General Session