United States — Utah Act or statute

United States — Utah legislation

Utah Code § 7-3-22, 1981

Banks may not issue any bill, note, or certificate intended to circulate as money.

bank-issued instrumentsdeposit certificates

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01

Purpose and legislative effect

“Banks may not issue any bill, note, or certificate intended to circulate as money.”

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02

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    Enacted 1981. The date shown identifies this source expression and should not be treated as proof that no later change exists.

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In force source record

Source record from le.utah.gov · Enacted 1981

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Showing 1 of 1 provisions

Provision
§ 7-3-22Certificates and evidences of deposit binding -- Issuance of items intended to circulate as money prohibited.Provision

Banks may not issue any bill, note, or certificate intended to circulate as money.

Certificates and evidences of deposit binding -- Issuance of items intended to circulate as money prohibited. All certificates or evidences of deposit made by the proper officers of any bank bind the bank with or without its corporate seal affixed. No bank shall issue any bill, note, or certificate intended to circulate as money.
Section 7-3-22Verify source

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  • Undated version · currentEnglish · In force

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