Professional statute overview
Enactment structure, operative effect and source provenance
01
Purpose and legislative effect
“Shareholders' right to examine bank records -- Records as to a particular customer. Every shareholder of a bank shall have the right to examine the books and records of the bank as provided in Sections 16-10a-1601 through 16-10a-1604 .”
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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
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Shareholders' right to examine bank records -- Records as to a particular customer. Every shareholder of a bank shall have the right to examine the books and records of the bank as provided in Sections 16-10a-1601 through 16-10a-1604 .
Section 7-3-39
the board denies such request;
Section 7-3-39(2)
A shareholder files a petition with a court of competent jurisdiction requesting an order granting access.
Section 7-3-39(3)
The court orders bank records for a particular customer to be made available, with privacy-protective conditions set by the court.
Section 7-3-39(5)
A person seeking to inspect or copy records must reimburse the bank for search, retrieval, and reproduction costs.
Section 7-3-39(6)
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.