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Utah Code Ann. tit. 7, ch. 2 – Possession of Depository Institution by Commissioner | Midpage
Collections
Utah Code
Title 7
Chapter 2
Utah Code Ann. tit. 7, ch. 2
Possession of Depository Institution by Commissioner
7-2-1
Supervisory actions by commissioner -- Grounds -- Mergers or acquisitions authorized by commissioner -- Possession of business and property taken by commissioner.
7-2-2
Action to review the commissioner's actions -- Supervision of actions of commissioner in possession -- Authority of commissioner and court.
7-2-3
Action for injunction against commissioner in possession -- Procedure -- Appeal.
7-2-4
Consent required for institution to resume business.
7-2-5
Appointment of receiver or assignment for creditors -- Notice required -- Commissioner taking possession.
7-2-6
Possession by commissioner -- Notice -- Presentation, allowance, and disallowance of claims -- Objections to claims.
7-2-7
Stay of proceedings against institution -- Relief.
7-2-8
Special deputies or agents -- Appointment -- Bond.
7-2-9
Conservatorship, receivership, or liquidation of institution -- Appointment of receiver -- Review of actions.
7-2-10
Inventory of assets -- Listings of claims -- Report of proceedings -- Filing -- Inspection.
7-2-11
Special counsel -- Employment by attorney general.
7-2-12
Powers of commissioner in possession -- Sale of assets -- Postpossession financing -- New deposit instruments -- Executory contracts -- Transfer of property -- Avoidance of transfers -- Avoidable preferences -- Setoff.
7-2-13
Collections in liquidation -- Deposit -- Preference.
7-2-14
Expenses during possession.
7-2-15
Priority of obligations, expenses, and claims -- Distribution of balance of assets.
7-2-16
Interim ratable dividends.
7-2-17
Disposition of records after liquidation.
7-2-18
Plan for reorganization or liquidation of institution -- Hearing -- Procedure -- Effect -- Appeals.
7-2-19
Suspension of payments by institution -- Order of commissioner -- Approval of governor -- Period effective -- Exempt payments -- Operation during suspension -- Modification of orders -- Adoption of rules and regulations.
7-2-21
Applicability of Utah Procurement Code.
7-2-22
Termination of authority to transact business.
7-2-23
Limitation of action -- Tolling of period.