A rule adopted by a clearing corporation governing rights and obligations among the clearing corporation and its participants in the clearing corporation is effective even if the rule conflicts with this chapter and affects another party who does not consent to the rule.
Utah Code § 70A-8-110
Clearing corporation rules
Applied in 1 court decision — leading case Raiser v. Buirley (2002)
Most recently applied in Raiser v. Buirley (August 2002)
Enacted by Chapter 204, 1996 General Session
Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.