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United States — Utah Act or statute

United States — Utah legislation

Utah Code § 7-9-11

A credit union cannot begin receiving certain payments or making loans or other transactions until its bylaws are approved in writing by the commissioner.

Source excerpt

bylaw amendmentsbylaws amendment approvalcommissioner approvalcredit union bylawscredit union governancefield of membershipmembershipmembership amendmentsmembership fieldregulatory approvalregulatory compliance
Jurisdiction
United States — Utah
Status
In force
Dates
Legal dates not recorded
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“A credit union cannot begin receiving certain payments or making loans or other transactions until its bylaws are approved in writing by the commissioner.”

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Bylaws and amendments to be approved.

A credit union cannot begin receiving certain payments or making loans or other transactions until its bylaws are approved in writing by the commissioner.

Section 7-9-11

Subsection 7-9-11(1)

A credit union may not receive payments on shares, deposits, or certificates, or make any loans or other transactions, until its bylaws have been approved in writing by the commissioner.

Section 7-9-11(1)

Subsection 7-9-11(3)

If the amendment to the bylaws of a credit union expands the field of membership of a credit union as described in Subsection 7-9-52(1) , the commissioner's approval of the amendment is subject to Section 7-9-52 . If the bylaws or an

Section 7-9-11(3)

Subsection 7-9-11(3)(a)

If a credit union bylaw amendment expands the field of membership, the commissioner’s approval is subject to Section 7-9-52.

Section 7-9-11(3)(a)

Subsection 7-9-11(3)(b)

If a credit union’s bylaws add an association to its field of membership, the commissioner may require written confirmation that the association agreed to be served by the credit union.

Section 7-9-11(3)(b)

04

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In force source record

Source record from le.utah.gov · Legal dates not recorded

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Showing 6 of 6 provisions

Amendment 5Provision
§ 7-9-11Bylaws and amendments to be approved.Amendment

Source excerpt

A credit union cannot begin receiving certain payments or making loans or other transactions until its bylaws are approved in writing by the commissioner.

Bylaws and amendments to be approved. A credit union may not receive payments on shares, deposits, or certificates, or make any loans or other transactions, until its bylaws have been approved in writing by the commissioner. An amendment to a credit union's bylaws does not become operative until the amendment to the bylaws is approved by the commissioner. If the amendment to the bylaws of a credit union expands the field of membership of a credit union as described in Subsection 7-9-52(1) , the commissioner's approval of the amendment is subject to Section 7-9-52 . If the bylaws or an amendment to the bylaws of a credit union adds an association to the field of membership of the credit union, the commissioner may require that the credit union provide written confirmation from the association that the association has agreed to be served by the credit union.
Section 7-9-11Verify source
§ 7-9-11(1)Subsection 7-9-11(1)Provision

Source excerpt

A credit union may not receive payments on shares, deposits, or certificates, or make any loans or other transactions, until its bylaws have been approved in writing by the commissioner.

A credit union may not receive payments on shares, deposits, or certificates, or make any loans or other transactions, until its bylaws have been approved in writing by the commissioner.
Section 7-9-11(1)Verify source
§ 7-9-11(2)Subsection 7-9-11(2)Amendment

Source excerpt

An amendment to a credit union's bylaws does not become operative until the amendment to the bylaws is approved by the commissioner.

An amendment to a credit union's bylaws does not become operative until the amendment to the bylaws is approved by the commissioner.
Section 7-9-11(2)Verify source
§ 7-9-11(3)Subsection 7-9-11(3)Amendment

Source excerpt

If the amendment to the bylaws of a credit union expands the field of membership of a credit union as described in Subsection 7-9-52(1) , the commissioner's approval of the amendment is subject to Section 7-9-52 . If the bylaws or an

If the amendment to the bylaws of a credit union expands the field of membership of a credit union as described in Subsection 7-9-52(1) , the commissioner's approval of the amendment is subject to Section 7-9-52 . If the bylaws or an amendment to the bylaws of a credit union adds an association to the field of membership of the credit union, the commissioner may require that the credit union provide written confirmation from the association that the association has agreed to be served by the credit union.
Section 7-9-11(3)Verify source
§ 7-9-11(3)(a)Subsection 7-9-11(3)(a)Amendment

Source excerpt

If a credit union bylaw amendment expands the field of membership, the commissioner’s approval is subject to Section 7-9-52.

If the amendment to the bylaws of a credit union expands the field of membership of a credit union as described in Subsection 7-9-52(1) , the commissioner's approval of the amendment is subject to Section 7-9-52 .
Section 7-9-11(3)(a)Verify source
§ 7-9-11(3)(b)Subsection 7-9-11(3)(b)Amendment

Source excerpt

If a credit union’s bylaws add an association to its field of membership, the commissioner may require written confirmation that the association agreed to be served by the credit union.

If the bylaws or an amendment to the bylaws of a credit union adds an association to the field of membership of the credit union, the commissioner may require that the credit union provide written confirmation from the association that the association has agreed to be served by the credit union.
Section 7-9-11(3)(b)Verify source

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