Chapter 9. Utah Credit Union Act  


§ 7-9-1. Title.
§ 7-9-2. Description of credit unions.
§ 7-9-3. Definitions.
§ 7-9-5. Powers of credit unions.
§ 7-9-6. Formation of corporation to conduct credit union -- Approval of commissioner.
§ 7-9-7. Forms furnished by commissioner.
§ 7-9-9. Amendment of articles of incorporation.
§ 7-9-10. Filing amendment.
§ 7-9-11. Bylaws and amendments to be approved.
§ 7-9-12. Contents of bylaws.
§ 7-9-13. Fiscal year.
§ 7-9-14. Meetings.
§ 7-9-15. Appeals from board of directors or committees.
§ 7-9-16. Members -- Eligibility -- Liability -- Grounds for closing account -- Denial of membership.
§ 7-9-17. Membership officer -- Appointment -- Eligibility -- Function -- Appeals from.
§ 7-9-18. Expulsion of member.
§ 7-9-19. Payments to expelled members -- Liability of member not relieved by expulsion.
§ 7-9-20. Board of directors -- Powers and duties -- Loan limitations. (Effective 5/13/2014)
§ 7-9-21. Executive officers -- Election -- Power -- Terms.
§ 7-9-22. Credit committee -- Credit manager.
§ 7-9-23. Supervisory committee -- Duties -- Suspension or removal of officer, director, or credit committee member.
§ 7-9-24. Compensation of directors, committee members, and president -- Expense reimbursement.
§ 7-9-25. Shares -- Number unlimited -- Subscription and payment -- Par value -- Ownership required for membership -- Dormant accounts. (Effective 5/13/2014)
§ 7-9-26. Loans to members -- Investment officers -- Investments.
§ 7-9-27. Dividends -- Interest refunds.
§ 7-9-28. Loan to credit union official.
§ 7-9-29. Allowance account for loan losses.
§ 7-9-30. Reserve requirements -- "Risk assets" defined.
§ 7-9-31. Shares held in trust.
§ 7-9-32. Joint accounts -- Accounts providing for payment to designated person on death of owner or owners.
§ 7-9-33. Lien and right of set off of credit union.
§ 7-9-34. Tax exemption of credit unions.
§ 7-9-36. Dissolution. (Effective 5/13/2014)
§ 7-9-37. Transfer of members of dissolved, merged, consolidated, transferred, or acquired credit union.
§ 7-9-39. Voluntary merger. (Effective 5/13/2014)
§ 7-9-39.5. Supervisory merger. (Effective 5/13/2014)
§ 7-9-42. Record requirements. (Effective 5/13/2014)
§ 7-9-43. Board of Credit Union Advisors. (Effective 5/13/2014)
§ 7-9-44. Corporate central credit union. (Effective 5/13/2014)
§ 7-9-45. Insurance of shares and deposits -- Security on shares and deposits. (Effective 5/13/2014)
§ 7-9-46. credit unions -- Authorization to do business in state -- Supervision -- Examination.
§ 7-9-48. Disclosure of share and deposit insurance -- Disclosure if secured through securities.
§ 7-9-49. Limitation of personal liability of directors and committee members.
§ 7-9-50. General limitation on liability.
§ 7-9-51. Field of membership. (Effective 5/13/2014)
§ 7-9-52. Expansion of a field of membership.
§ 7-9-53. Grandfathering. (Effective 5/13/2014)
§ 7-9-55. Nonexempt credit unions. (Effective 5/13/2014)
§ 7-9-58. Limitations on credit extended by nonexempt credit unions. (Effective 5/13/2014)
§ 7-9-59. Credit union service organizations -- Limitations on providing services through other entities.