Utah Code > Title 7 > Chapter 1 > Part 9 – Depository Institution Insurance Powers
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§ 7-1-901 | Authorized insurance activities of depository institutions |
Terms Used In Utah Code > Title 7 > Chapter 1 > Part 9 - Depository Institution Insurance Powers
- Commissioner: means the Commissioner of Financial Institutions. See Utah Code 7-1-103
- court: means the court given jurisdiction by this provision. See Utah Code 7-2-2
- Depository institution: means a bank, savings and loan association, savings bank, industrial bank, credit union, or other institution that:
(a) holds or receives deposits, savings, or share accounts; (b) issues certificates of deposit; or (c) provides to its customers other depository accounts that are subject to withdrawal by checks, drafts, or other instruments or by electronic means to effect third party payments. See Utah Code 7-1-103 - Institution: means :
(a) a corporation; (b) a limited liability company; (c) a partnership; (d) a trust; (e) an association; (f) a joint venture; (g) a pool; (h) a syndicate; (i) an unincorporated organization; or (j) any form of business entity. See Utah Code 7-1-103 - Property: includes both real and personal property. See Utah Code 68-3-12.5
- State: means , unless the context demands otherwise:
(a) a state; (b) the District of Columbia; or (c) the territories of the United States. See Utah Code 7-1-103 - Subsidiary: means a business entity under the control of an institution. See Utah Code 7-1-103
- Institution: means :