Esheria Esheria Statutes
Ask AI Sign in

United States — Utah Act or statute

United States — Utah legislation

Utah Code § 7-1-901

A qualifying depository institution may conduct specified insurance activities, directly or through a subsidiary or affiliate.

Source excerpt

affiliateauthorized insurance activitiesdepository institutionsinsurance activitiesinsurance adjustinginsurance businessinsurance consultantinsurance producersubsidiaries and affiliatessubsidiary
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

“A qualifying depository institution may conduct specified insurance activities, directly or through a subsidiary or affiliate.”

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.

Subsection 7-1-901(1)

A depository institution authorized to do business in this state may engage, directly or through a subsidiary or affiliate, in specified insurance activities, subject to federal law limits.

Section 7-1-901(1)

Subsection 7-1-901(1)(b)

act as an insurance producer or consultant as defined under Section 31A-1-301 ; or

Section 7-1-901(1)(b)

Subsection 7-1-901(2)

A depository institution, subsidiary, or affiliate that engages in authorized insurance activities is subject to Title 31A, the Insurance Code.

Section 7-1-901(2)

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 6 of 6 provisions

Provision 6

Part 7-1-9

part 7-1-9 Depository Institution Insurance Powers

§ 7-1-901Authorized insurance activities of depository institutions.Provision

Source excerpt

A qualifying depository institution may conduct specified insurance activities, directly or through a subsidiary or affiliate.

Authorized insurance activities of depository institutions. A depository institution authorized to do business in this state under this title may directly, or indirectly through a subsidiary or affiliate, engage in the following insurance activities: engage in the insurance business as defined under Section 31A-1-301 except as may be limited by federal law; act as an insurance producer or consultant as defined under Section 31A-1-301 ; or engage in insurance adjusting as defined in Section 31A-26-102 . A depository institution, subsidiary, or affiliate, that engages in insurance activities authorized under Subsection (1) shall be subject to Title 31A, Insurance Code .
Section 7-1-901Verify source
§ 7-1-901(1)Subsection 7-1-901(1)Provision

Source excerpt

A depository institution authorized to do business in this state may engage, directly or through a subsidiary or affiliate, in specified insurance activities, subject to federal law limits.

A depository institution authorized to do business in this state under this title may directly, or indirectly through a subsidiary or affiliate, engage in the following insurance activities: engage in the insurance business as defined under Section 31A-1-301 except as may be limited by federal law; act as an insurance producer or consultant as defined under Section 31A-1-301 ; or engage in insurance adjusting as defined in Section 31A-26-102 .
Section 7-1-901(1)Verify source
§ 7-1-901(1)(a)Subsection 7-1-901(1)(a)Provision

Source excerpt

A person may engage in the insurance business under Section 31A-1-301, except where federal law limits it.

engage in the insurance business as defined under Section 31A-1-301 except as may be limited by federal law;
Section 7-1-901(1)(a)Verify source
§ 7-1-901(1)(b)Subsection 7-1-901(1)(b)Provision

Source excerpt

act as an insurance producer or consultant as defined under Section 31A-1-301 ; or

act as an insurance producer or consultant as defined under Section 31A-1-301 ; or
Section 7-1-901(1)(b)Verify source
§ 7-1-901(1)(c)Subsection 7-1-901(1)(c)Provision

Source excerpt

engage in insurance adjusting as defined in Section 31A-26-102 .

engage in insurance adjusting as defined in Section 31A-26-102 .
Section 7-1-901(1)(c)Verify source
§ 7-1-901(2)Subsection 7-1-901(2)Provision

Source excerpt

A depository institution, subsidiary, or affiliate that engages in authorized insurance activities is subject to Title 31A, the Insurance Code.

A depository institution, subsidiary, or affiliate, that engages in insurance activities authorized under Subsection (1) shall be subject to Title 31A, Insurance Code .
Section 7-1-901(2)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.