Chapter
Possession of Depository Institution by Commissioner
Title 7 — Financial Institutions Act §§ 7-2-1–7-2-23
- Utah Code § 7-2-1— Supervisory actions by commissioner -- Grounds -- Mergers or acquisitions authorized by commissioner -- Possession of business and property taken by commissioner
- Utah Code § 7-2-2— Action to review the commissioner's actions -- Supervision of actions of commissioner in possession -- Authority of commissioner and court
- Utah Code § 7-2-3— Action for injunction against commissioner in possession -- Procedure -- Appeal
- Utah Code § 7-2-4— Consent required for institution to resume business
- Utah Code § 7-2-5— Appointment of receiver or assignment for creditors -- Notice required -- Commissioner taking possession
- Utah Code § 7-2-6— Possession by commissioner -- Notice -- Presentation, allowance, and disallowance of claims -- Objections to claims
- Utah Code § 7-2-7— Stay of proceedings against institution -- Relief
- Utah Code § 7-2-8— Special deputies or agents -- Appointment -- Bond
- Utah Code § 7-2-9— Conservatorship, receivership, or liquidation of institution -- Appointment of receiver -- Review of actions
- Utah Code § 7-2-10— Inventory of assets -- Listings of claims -- Report of proceedings -- Filing -- Inspection
- Utah Code § 7-2-11— Special counsel -- Employment by attorney general
- Utah Code § 7-2-12— Powers of commissioner in possession -- Sale of assets -- Postpossession financing -- New deposit instruments -- Executory contracts -- Transfer of property -- Avoidance of transfers -- Avoidable preferences -- Setoff
- Utah Code § 7-2-13— Collections in liquidation -- Deposit -- Preference
- Utah Code § 7-2-14— Expenses during possession
- Utah Code § 7-2-15— Priority of obligations, expenses, and claims -- Distribution of balance of assets
- Utah Code § 7-2-16— Interim ratable dividends
- Utah Code § 7-2-17— Disposition of records after liquidation
- Utah Code § 7-2-18— Plan for reorganization or liquidation of institution -- Hearing -- Procedure -- Effect -- Appeals
- Utah Code § 7-2-19— Suspension of payments by institution -- Order of commissioner -- Approval of governor -- Period effective -- Exempt payments -- Operation during suspension -- Modification of orders -- Adoption of rules and regulations
- Utah Code § 7-2-21— Applicability of Utah Procurement Code
- Utah Code § 7-2-22— Termination of authority to transact business
- Utah Code § 7-2-23— Limitation of action -- Tolling of period