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Title 07 - Financial Institutions Act
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Chapter 02 - Possession of Depository Institution by Commissioner
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UTAH STATUTES AND CODES
Chapter 02 - Possession of Depository Institution by Commissioner
7-2-1 - Supervisory actions by commissioner -- Grounds -- Mergers or acquisitions authorized by commissioner -- Possession of business and property taken by commissioner.
7-2-2 - Jurisdiction of district court -- Supervision of actions of commissioner in possession -- Authority of commissioner and court.
7-2-3 - Action for injunction against commissioner in possession -- Procedure -- Appeal.
7-2-4 - Consent required for institution to resume business.
7-2-5 - Appointment of receiver or assignment for creditors -- Notice required -- Commissioner taking possession.
7-2-6 - Possession by commissioner -- Notice -- Presentation, allowance, and disallowance of claims -- Objections to claims.
7-2-7 - Stay of proceedings against institution -- Relief.
7-2-8 - Special deputies or agents -- Appointment -- Bond.
7-2-9 - Conservatorship, receivership, or liquidation of institution -- Appointment of receiver -- Review of actions.
7-2-10 - Inventory of assets -- Listings of claims -- Report of proceedings -- Filing -- Inspection.
7-2-11 - Special counsel -- Employment by attorney general.
7-2-12 - Powers of commissioner in possession -- Sale of assets -- Postpossession financing -- New deposit instruments -- Executory contracts -- Transfer of property -- Avoidance of transfers -- Avoid
7-2-13 - Collections in liquidation -- Deposit -- Preference.
7-2-14 - Expenses during possession.
7-2-15 - Priority of obligations, expenses, and claims -- Distribution of balance of assets.
7-2-16 - Interim ratable dividends.
7-2-17 - Disposition of records after liquidation.
7-2-18 - Plan for reorganization or liquidation of institution -- Hearing -- Procedure -- Effect -- Appeals.
7-2-19 - Suspension of payments by institution -- Order of commissioner -- Approval of governor -- Period effective -- Exempt payments -- Operation during suspension -- Modification of orders -- Adopt
7-2-21 - Applicability of Utah Procurement Code.
7-2-22 - Termination of authority to transact business.
7-2-23 - Limitation of action -- Tolling of period.
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