Professional statute overview
Enactment structure, operative effect and source provenance
01
Purpose and legislative effect
“A qualifying foreign depository institution must secure an amended certificate of authority if it changes its corporate name or duration, or wants to expand or contract its authorized purposes.”
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 1996. The date shown identifies this source expression and should not be treated as proof that no later change exists.
- 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.
- 03
Read conditions and exceptions together
Keep subsections, definitions, provisos and cross-references in context before drawing a legal conclusion.
- 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.
A qualifying foreign depository institution must secure an amended certificate of authority if it changes its corporate name or duration, or wants to expand or contract its authorized purposes.
Section 7-18a-205
A foreign depository institution must get an amended certificate of authority if it changes its corporate name, changes its corporate existence duration, or wants to expand or contract its stated purposes.
Section 7-18a-205(1)
changes the duration of its corporate existence; or
Section 7-18a-205(1)(b)
desires to expand or contract the purposes set forth in the foreign depository institution's prior application for certificate of authority.
Section 7-18a-205(1)(c)
An application for an amended certificate of authority must be filed with the department in the form prescribed by the commissioner.
Section 7-18a-205(2)
04
Source and current-law status
In force source record
Source record from le.utah.gov · Enacted 1996
This source records the instrument as in force. Confirm subsequent amendments, commencement notices, and judicial treatment before relying on it.