Chapter 9 - UTAH CREDIT UNION ACT
- Section 7-9-1 - Title
- Section 7-9-2 - Description of credit unions
- Section 7-9-3 - Definitions
- Section 7-9-5 - Powers of credit unions
- Section 7-9-6 - Formation of corporation to conduct credit union - Approval of commissioner
- Section 7-9-7 - Forms furnished by commissioner
- Section 7-9-9 - Amendment of articles of incorporation
- Section 7-9-10 - Filing amendment
- Section 7-9-11 - Bylaws and amendments to be approved
- Section 7-9-12 - Contents of bylaws
- Section 7-9-13 - Fiscal year
- Section 7-9-14 - Meetings
- Section 7-9-15 - Appeals from board of directors or committees
- Section 7-9-16 - Members - Eligibility - Liability - Grounds for closing account - Denial of membership
- Section 7-9-17 - Membership officer - Appointment - Eligibility - Function - Appeals from
- Section 7-9-18 - Expulsion of member
- Section 7-9-19 - Payments to expelled members - Liability of member not relieved by expulsion
- Section 7-9-20 - Board of directors - Powers and duties - Loan limitations
- Section 7-9-21 - Executive officers - Election - Power - Terms
- Section 7-9-22 - Credit committee - Credit manager
- Section 7-9-23 - Supervisory committee - Duties - Suspension or removal of officer, director, or credit committee member
- Section 7-9-24 - Compensation of directors, committee members, and president - Expense reimbursement
- Section 7-9-25 - Shares - Number unlimited - Subscription and payment - Par value - Ownership required for membership - Dormant accounts
- Section 7-9-26 - Loans to members - Investment officers - Investments
- Section 7-9-27 - Dividends - Interest refunds
- Section 7-9-28 - Loan to credit union official
- Section 7-9-29 - Allowance account for loan losses
- Section 7-9-30 - Reserve requirements - "Risk assets" defined
- Section 7-9-31 - Shares held in trust
- Section 7-9-32 - Joint accounts - Accounts providing for payment to designated person on death of owner or owners
- Section 7-9-33 - Lien and right of set off of credit union
- Section 7-9-34 - Tax exemption of credit unions
- Section 7-9-36 - Dissolution
- Section 7-9-37 - Transfer of members of dissolved, merged, consolidated, transferred, or acquired credit union
- Section 7-9-39 - Voluntary merger
- Section 7-9-39.5 - Supervisory merger
- Section 7-9-42 - Record requirements
- Section 7-9-43 - Board of Credit Union Advisors
- Section 7-9-44 - Corporate central credit union
- Section 7-9-45 - Insurance of shares and deposits - Security on shares and deposits
- Section 7-9-46 - Out-of-state credit unions - Authorization to do business in state - Supervision - Examination
- Section 7-9-48 - Disclosure of share and deposit insurance - Disclosure if secured through securities
- Section 7-9-49 - Limitation of personal liability of directors and committee members
- Section 7-9-50 - General limitation on liability
- Section 7-9-51 - Field of membership
- Section 7-9-52 - Expansion of a field of membership
- Section 7-9-53 - Grandfathering
- Section 7-9-55 - Nonexempt credit unions
- Section 7-9-58 - Limitations on credit extended by nonexempt credit unions
- Section 7-9-59 - Credit union service organizations - Limitations on providing services through other entities