Professional statute overview
Enactment structure, operative effect and source provenance
01
Purpose and legislative effect
“If the commissioner has reasonable cause to believe a licensee is unsafe, unsound, or unable to pay payment instruments when due, the commissioner may require a deposit and may limit the licensee’s issuance of payment instruments.”
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02
How the instrument operates
- 01
Start with the recorded version
Enacted 2015. 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.
If the commissioner has reasonable cause to believe a licensee is unsafe, unsound, or unable to pay payment instruments when due, the commissioner may require a deposit and may limit the licensee’s issuance of payment instruments.
Section 7-25-407
04
Source and current-law status
In force source record
Source record from le.utah.gov · Enacted 2015
This source records the instrument as in force. Confirm subsequent amendments, commencement notices, and judicial treatment before relying on it.