Utah Code § 7-1-205

Supervisor of banks -- Responsibilities
Open in Lexace · Ask the AI about this section
(1) The commissioner shall designate an examiner as supervisor of banks, who shall be sufficiently
qualified by training and experience in the banking business or as an employee of a state or
federal bank supervisory agency to perform the duties of the office.
(2) The supervisor of banks is responsible, subject to the direction and control of the
commissioner, for the general supervision and examination of all banks and bank-related
institutions subject to the jurisdiction of the department. The supervisor shall assist and advise
the commissioner in the execution of the laws of this state relating to these institutions and shall
perform other duties prescribed in this title or assigned by the commissioner.

‹ Prev All Utah sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.