Utah Code Ann. tit. 7, ch. 8 – Industrial Banks | Midpage

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Utah Code

Chapter 8

Utah Code Ann. tit. 7, ch. 8

Industrial Banks

7-8-3Organization -- Authorization to conduct business -- Deposit insurance.7-8-5Acquisition of own stock restricted -- Capital requirements.7-8-7Reports to commissioner.7-8-11Dividends.7-8-13Real estate acquisition, holding, and conveyance.7-8-14Investment in property used in conduct of business.7-8-15Bad debts.7-8-16Registration of industrial bank holding company -- Filing and contents of statement -- Exemptions -- Rules.7-8-19Meetings of the board of directors.7-8-20Limitations on loans to one borrower -- Exceptions -- Rules.7-8-21Application of chapter to industrial loan companies.