Professional statute overview
Enactment structure, operative effect and source provenance
01
Purpose and legislative effect
“The commissioner may approve certain joint cooperative actions by covered institutions if the commissioner finds they are in the public interest.”
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
- 01
Start with the recorded version
Enacted 1981. The date shown identifies this source expression and should not be treated as proof that no later change exists.
- 02
Locate the controlling provision
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- 03
Read conditions and exceptions together
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- 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.
The commissioner may approve certain joint cooperative actions by covered institutions if the commissioner finds they are in the public interest.
Section 7-1-303
joint use of facilities;
Section 7-1-303(2)
joint operation of clearing houses and other facilities for payment of checks, drafts, or other instruments drawn on or issued by various classes of depository institutions;
Section 7-1-303(3)
joint risk management services; and
Section 7-1-303(5)
joint ownership, operation, or furnishing of electronic funds transfer services.
Section 7-1-303(6)
04
Source and current-law status
In force source record
Source record from le.utah.gov · Enacted 1981
This source records the instrument as in force. Confirm subsequent amendments, commencement notices, and judicial treatment before relying on it.