United States — Utah Act or statute

United States — Utah legislation

Utah Code § 7-1-317, 1981

The commissioner may require an institution under the department’s jurisdiction to report its condition, and the institution must send the report within 30 days. Independent CPA reports and reports accepted by U.S.…

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01

Purpose and legislative effect

“The commissioner may require an institution under the department’s jurisdiction to report its condition, and the institution must send the report within 30 days. Independent CPA reports and reports accepted by U.S. or state supervisory agencies are acceptable.”

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Reports of condition called for by commissioner.

The commissioner may require an institution under the department’s jurisdiction to report its condition, and the institution must send the report within 30 days. Independent CPA reports and reports accepted by U.S. or state supervisory agencies are acceptable.

Section 7-1-317

04

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In force source record

Source record from le.utah.gov · Enacted 1981

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Part 7-1-3

part 7-1-3 Powers and Duties of Commissioner of Financial Institutions

§ 7-1-317Reports of condition called for by commissioner.Provision

The commissioner may require an institution under the department’s jurisdiction to report its condition, and the institution must send the report within 30 days. Independent CPA reports and reports accepted by U.S. or state supervisory agencies are acceptable.

Reports of condition called for by commissioner. The commissioner may call upon any institution under the jurisdiction of the department for a report of its condition at the close of business on any day specified in the call within the preceding three months. The reports required shall be transmitted by the institution to the commissioner within 30 days after the date of the call. Reports prepared by an independent certified public accountant or reports accepted by supervisory agencies of the United States or other states shall be acceptable.
Section 7-1-317Verify source

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