Professional statute overview
Enactment structure, operative effect and source provenance
01
Purpose and legislative effect
“The commissioner or an appointed receiver or liquidator must prepare duplicate inventories, claims lists, supplemental claims lists, and a final report, file the required copies with the commissioner’s office and the court clerk, keep the accounting and claims records open for inspection, and file objections to reports”
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02
How the instrument operates
- 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.
- 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
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03
Research entry points
Selected provisions across the instrument. Open any row to continue with the exact stored text.
The commissioner or an appointed receiver or liquidator must prepare duplicate inventories, claims lists, supplemental claims lists, and a final report, file the required copies with the commissioner’s office and the court clerk, keep the accounting and claims…
Section 7-2-10
After the claims period ends, the commissioner or an appointed receiver or liquidator must prepare two complete copies of the claims list, including claims disallowed by the commissioner.
Section 7-2-10(2)
Supplemental lists must be filed every six months and at least 15 days before any dividend is declared.
Section 7-2-10(4)
When final distribution is ordered, the commissioner or an appointed receiver or liquidator must prepare a duplicate report of the proceeding showing how the institution’s assets and liabilities were disposed of.
Section 7-2-10(5)
An objection to a report or accounting must be filed with the clerk of the court within 30 days after the report or accounting is filed.
Section 7-2-10(7)
04
Source and current-law status
In force source record
Source record from le.utah.gov · Legal dates not recorded
This source records the instrument as in force. Confirm subsequent amendments, commencement notices, and judicial treatment before relying on it.