Professional statute overview
Enactment structure, operative effect and source provenance
01
Purpose and legislative effect
“If an institution or other person under the department’s jurisdiction is run by a federal deposit insurance agency or its appointee in receivership or conservatorship for 180 days or more, its authority to transact business under this title ends when the 180-day period expires.”
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 1987. 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.
If an institution or other person under the department’s jurisdiction is run by a federal deposit insurance agency or its appointee in receivership or conservatorship for 180 days or more, its authority to transact business under this title ends when the…
Section 7-2-22
04
Source and current-law status
In force source record
Source record from le.utah.gov · Enacted 1987
This source records the instrument as in force. Confirm subsequent amendments, commencement notices, and judicial treatment before relying on it.