Utah Admin. Code R333-12-1 - Authority, Scope, and Purpose
(1)
This rule is issued pursuant to Sections
7-1-301
and
7-3-18.
(2) This rule applies to all banks chartered
by the State of Utah.
(3) The
purpose of this rule is to authorize state-chartered banks with sufficient
capital to invest in real property other than bank premises and prescribe
requirements and restrictions to govern such activities.
Notes
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