To the extent permitted by applicable statute, rule, or regulation, the Commissioner shall have the right to examine the books and records of any qualified depository, with the exception of Utah Housing Corporation, if the Commissioner determines that examination is necessary to ascertain the character and condition of its assets, its deposits and other liabilities, and its capital and to ensure compliance with the Money Management Act, the rules of the Money Management Council, and any order issued pursuant to an action of the Council.

KEY: public investments, banking law, financial institutions

Date of Last Change: November 7, 2025

Notice of Continuation: January 26, 2026

Authorizing, and Implemented or Interpreted Law: 51-7-3(29); 51-7-18(2)(b); 7-1-102, 103(38)