7-1-1004 - Reimbursement of financial institution for costs of obtaining information. - Utah Statutes

7-1-1004. Reimbursement of financial institution for costs of obtaininginformation.
(1) A financial institution is entitled to reimbursement by a governmental entity seekinginformation, for costs reasonably and directly incurred in searching for, reproducing, ortransporting a record required to be produced if the financial institution produces the record:
(a) pursuant to written permission by all account holders of the account referenced in therecord in accordance with:
(i) Subsection 7-1-1001(2)(a); or
(ii) Subsection 7-1-1006(2)(b)(iii);
(b) in compliance with an order obtained under this part; or
(c) in compliance with an order of a court or administrative body of competentjurisdiction.
(2) The commissioner shall by rule establish the rates and conditions under which agovernmental entity shall reimburse a financial institution.

Amended by Chapter 381, 2009 General Session