Terms Used In Utah Code 7-1-712

• Branch: means a place of business of a financial institution, other than its main office, at which deposits are received and paid. See Utah Code 7-1-103
• Commissioner: means the Commissioner of Financial Institutions. See Utah Code 7-1-103
• Financial institution: means an institution subject to the jurisdiction of the department because of this title. 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 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      Any financial institution authorized to do business in this state may acquire an office of any other financial institution located in this state upon obtaining the prior written approval of the commissioner in the manner provided in Section 7-1-708 for the establishment of a branch. Amended by Chapter 1, 1986 General Session   Previous section Next section    Part 7 Contents