Utah Admin. Code R339-6-1 - Authority, Scope, and Purpose
(1)
This rule is issued pursuant to Section
7-1-301(8),
and construes and applies to Sections
7-8-13
and
7-8-14.
(2) This rule applies to industrial loan
corporations and thrift institutions.
(3) This rule defines acceptable investments
for the funds of an industrial loan corporation and defines and clarifies
investments in real estate pursuant to Sections
7-8-13
and
7-8-14.
Notes
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