Esheria Esheria Statutes
Ask AI Sign in

United States — Utah Act or statute

United States — Utah legislation

Utah Code § 7-1-201

Creation of department -- Organization. There is created the Department of Financial Institutions that is responsible for the execution of the laws of this state relating to a financial institution or other person…

Source excerpt

department organizationfinancial institutions regulation
Jurisdiction
United States — Utah
Status
In force
Dates
Legal dates not recorded
On this page

Professional statute overview

Enactment structure, operative effect and source provenance

Official source

01

Purpose and legislative effect

“Creation of department -- Organization. There is created the Department of Financial Institutions that is responsible for the execution of the laws of this state relating to a financial institution or other person subject to this title,”

Use this record to locate individual provisions, understand the instrument’s recorded structure, and move from a research summary to the exact source text.

02

How the instrument operates

  1. 01

    Start with the recorded version

    Legal dates not recorded. The date shown identifies this source expression and should not be treated as proof that no later change exists.

  2. 02

    Locate the controlling provision

    Use the provision map, part headings and full-text filter to move from the broad subject to the exact legal language.

  3. 03

    Read conditions and exceptions together

    Keep subsections, definitions, provisos and cross-references in context before drawing a legal conclusion.

  4. 04

    Verify currency and official wording

    Confirm later legislation, commencement notices and corrections with the official publisher before advice, filing or reliance.

03

Research entry points

Selected provisions across the instrument. Open any row to continue with the exact stored text.

Creation of department -- Organization.

Creation of department -- Organization. There is created the Department of Financial Institutions that is responsible for the execution of the laws of this state relating to a financial institution or other person subject to this title,

Section 7-1-201

Subsection 7-1-201(2)(a)

The commissioner of financial institutions must be the chief executive officer of the department.

Section 7-1-201(2)(a)

Subsection 7-1-201(3)

The commissioner’s power or duty under this title may be exercised by the deputy commissioner or a supervisor described in Subsection (2) if the commissioner delegates the authority in writing.

Section 7-1-201(3)

04

Source and current-law status

In force source record

Source record from le.utah.gov · Legal dates not recorded

In force

This source records the instrument as in force. Confirm subsequent amendments, commencement notices, and judicial treatment before relying on it.

For advice, pleadings, or compliance decisions, retain the official source and confirm the current consolidated provision.

Official record

Source-indexed provision map

Sections and provisions

Search by section, heading, part or exact legal wording. Every result remains linked to the stored source record.

Showing 14 of 14 provisions

Provision 14

Part 7-1-2

part 7-1-2 Department of Financial Institutions

§ 7-1-201Creation of department -- Organization.Provision

Source excerpt

Creation of department -- Organization. There is created the Department of Financial Institutions that is responsible for the execution of the laws of this state relating to a financial institution or other person subject to this title,

Creation of department -- Organization. There is created the Department of Financial Institutions that is responsible for the execution of the laws of this state relating to a financial institution or other person subject to this title, and relating to the businesses that the financial institution or other person conducts. The department organization includes: the commissioner of financial institutions, who shall be the chief executive officer of the department; the Board of Financial Institutions; the chief examiner; the deputy commissioner; the supervisor of banks; the supervisor of industrial banks; the supervisor of credit unions; the supervisor of money services businesses; the supervisor of holding companies; and other supervisors, examiners, and personnel as may be required to carry out the duties, powers, and responsibilities of the department. A power or duty of the commissioner under this title may be exercised by the deputy commissioner or a supervisor described in Subsection (2) if the commissioner delegates in writing the authority to exercise the power or duty to the deputy commissioner or supervisor.
Section 7-1-201Verify source
§ 7-1-201(1)Subsection 7-1-201(1)Provision

Source excerpt

The Department of Financial Institutions is responsible for executing state laws relating to financial institutions, other persons subject to the title, and their businesses.

There is created the Department of Financial Institutions that is responsible for the execution of the laws of this state relating to a financial institution or other person subject to this title, and relating to the businesses that the financial institution or other person conducts.
Section 7-1-201(1)Verify source
§ 7-1-201(2)Subsection 7-1-201(2)Provision

Source excerpt

The department organization includes: the commissioner of financial institutions, who shall be the chief executive officer of the department; the Board of Financial Institutions; the chief examiner; the deputy commissioner; the supervisor

The department organization includes: the commissioner of financial institutions, who shall be the chief executive officer of the department; the Board of Financial Institutions; the chief examiner; the deputy commissioner; the supervisor of banks; the supervisor of industrial banks; the supervisor of credit unions; the supervisor of money services businesses; the supervisor of holding companies; and other supervisors, examiners, and personnel as may be required to carry out the duties, powers, and responsibilities of the department.
Section 7-1-201(2)Verify source
§ 7-1-201(2)(a)Subsection 7-1-201(2)(a)Provision

Source excerpt

The commissioner of financial institutions must be the chief executive officer of the department.

the commissioner of financial institutions, who shall be the chief executive officer of the department;
Section 7-1-201(2)(a)Verify source
§ 7-1-201(2)(b)Subsection 7-1-201(2)(b)Provision

Source excerpt

This text identifies the Board of Financial Institutions.

the Board of Financial Institutions;
Section 7-1-201(2)(b)Verify source
§ 7-1-201(2)(c)Subsection 7-1-201(2)(c)Provision

Source excerpt

Refers to the chief examiner.

the chief examiner;
Section 7-1-201(2)(c)Verify source
§ 7-1-201(2)(d)Subsection 7-1-201(2)(d)Provision

Source excerpt

This subsection mentions the deputy commissioner.

the deputy commissioner;
Section 7-1-201(2)(d)Verify source
§ 7-1-201(2)(e)Subsection 7-1-201(2)(e)Provision

Source excerpt

Refers to the supervisor of banks.

the supervisor of banks;
Section 7-1-201(2)(e)Verify source
§ 7-1-201(2)(f)Subsection 7-1-201(2)(f)Provision

Source excerpt

Refers to the supervisor of industrial banks.

the supervisor of industrial banks;
Section 7-1-201(2)(f)Verify source
§ 7-1-201(2)(g)Subsection 7-1-201(2)(g)Provision

Source excerpt

the supervisor of credit unions;

the supervisor of credit unions;
Section 7-1-201(2)(g)Verify source
§ 7-1-201(2)(h)Subsection 7-1-201(2)(h)Provision

Source excerpt

This text identifies the supervisor of money services businesses.

the supervisor of money services businesses;
Section 7-1-201(2)(h)Verify source
§ 7-1-201(2)(i)Subsection 7-1-201(2)(i)Provision

Source excerpt

Refers to the supervisor of holding companies.

the supervisor of holding companies; and
Section 7-1-201(2)(i)Verify source
§ 7-1-201(2)(j)Subsection 7-1-201(2)(j)Provision

Source excerpt

other supervisors, examiners, and personnel as may be required to carry out the duties, powers, and responsibilities of the department.

other supervisors, examiners, and personnel as may be required to carry out the duties, powers, and responsibilities of the department.
Section 7-1-201(2)(j)Verify source
§ 7-1-201(3)Subsection 7-1-201(3)Provision

Source excerpt

The commissioner’s power or duty under this title may be exercised by the deputy commissioner or a supervisor described in Subsection (2) if the commissioner delegates the authority in writing.

A power or duty of the commissioner under this title may be exercised by the deputy commissioner or a supervisor described in Subsection (2) if the commissioner delegates in writing the authority to exercise the power or duty to the deputy commissioner or supervisor.
Section 7-1-201(3)Verify source

Legislative relationships

0 referenced instruments

Names are derived from the stored provision headings and citation-enrichment layer. Treat this as a research index and verify each relationship against the source text.

No structured legislative relationships were detected

The statute remains fully searchable by provision. Consult the source text for amendments and cross-references that have not yet been indexed.

Recorded versions and source checkpoint

1 version available in this collection

Current-law checkpoint
  • Undated version · currentEnglish · In force

This relationship view does not by itself establish whether another instrument remains in force.

Check official source

Source-linked research

Ask AI about this statute

The overview, provisions, and source records above are public. Continue in a separate conversation with this statute’s jurisdiction and source version attached.

About this LexChat collection

Statute information is organised from identified legislative sources for professional research. Corrections can be reported to hello@esheria.ai.