Utah Admin. Code 628-22-6

Current through Bulletin 2025-01, January 1, 2025

Section R628-22-6 - Allowed Structures

Structures allowed for negotiable brokered certificates of deposit are:

(1) Fixed rate;

(2) callable;

(3) Step up rates; and

(4) Floating rate certificates of deposit based on SOFR or SOFR's subsequent replacement.

Utah Admin. Code R628-22-6

Adopted by Utah State Bulletin Number 2019-17, effective 8/7/2019

Amended by Utah State Bulletin Number 2024-23, effective 11/21/2024