Utah Code > Title 7 > Chapter 24 > Part 3 – Enforcement
Current as of: 2023 | Check for updates
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§ 7-24-301 | Enforcement by department — Rulemaking |
§ 7-24-302 | Examination of books, accounts, and records by the department |
§ 7-24-303 | Penalties |
§ 7-24-304 | Civil liability |
§ 7-24-305 | Exemptions |
Terms Used In Utah Code > Title 7 > Chapter 24 > Part 3 - Enforcement
- Bank: means a person authorized under the laws of this state, another state, or the United States to accept deposits from the public. See Utah Code 7-1-103
- Commissioner: means the Commissioner of Financial Institutions. See Utah Code 7-1-103
- Contract: A legal written agreement that becomes binding when signed.
- Department: means the Department of Financial Institutions. See Utah Code 7-1-103
- 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 - Depository institution holding company: means :
(i) a person other than an individual that: (A) has control over a depository institution; or (B) becomes a holding company of a depository institution under Section 7-1-703; or (ii) a person other than an individual that the commissioner finds, after considering the specific circumstances, is exercising or is capable of exercising a controlling influence over a depository institution by means other than those specifically described in this section. See Utah Code 7-1-103 - Industrial bank: means a corporation or limited liability company conducting the business of an industrial bank under Chapter 8, Industrial Banks. 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 - Person: means :
(a) an individual; (b) a corporation; (c) a limited liability company; (d) a partnership; (e) a trust; (f) an association; (g) a joint venture; (h) a pool; (i) a syndicate; (j) a sole proprietorship; (k) an unincorporated organization; or (l) any form of business entity. See Utah Code 7-1-103 - Process: means a writ or summons issued in the course of a judicial proceeding. See Utah Code 68-3-12.5
- 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
- Title lender: includes a person that:
(i) arranges a title loan on behalf of a title lender; (ii) acts as an agent for a title lender; or (iii) assists a title lender in the extension of a title loan. See Utah Code 7-24-102 - Writing: includes :Utah Code 68-3-12.5
- Depository institution holding company: means :