UTAH CODE (Last Updated: January 16, 2015) |
Title 7. Financial Institutions Act |
Chapter 19. Acquisition of Failing Depository Institutions or Holding Companies |
§ 7-19-3. Waiver of procedures.
Latest version.
- The commissioner may waive any of the procedures of Section 7-1-705 or any regulation of the department if he considers it necessary to protect the interest of depositors, creditors, and other customers of a failing or failed depository institution or failing or failed depository institution holding company in a supervisory merger or a supervisory acquisition.
Amended by Chapter 1, 1986 General Session