Utah § 7-1-303 - Joint operations and information exchange by institutions.
Full text of Utah Utah Code § 7-1-303 — Joint operations and information exchange by institutions., with citation guidance and answers to common questions.
§ 7-1-303. Joint operations and information exchange by institutions.
The commissioner may authorize institutions subject to the jurisdiction of the department to engage in such joint and cooperative actions as the commissioner finds will be in the public interest, including:
| (1) | mutual exchange of financial information as to depositors, borrowers, and other customers; |
| (2) | joint use of facilities; |
| (3) | joint operation of clearing houses and other facilities for payment of checks, drafts, or other instruments drawn on or issued by various classes of depository institutions; |
| (4) | joint participation in lending programs to promote the public welfare; |
| (5) | joint risk management services; and |
| (6) | joint ownership, operation, or furnishing of electronic funds transfer services. |
Amended by Chapter 378, 2010 General Session
Source: official Utah text · Last verified 2026-08-27
Frequently Asked Questions About Utah § 7-1-303
What does Utah Code § 7-1-303 cover?
Section 7-1-303 ("Joint operations and information exchange by institutions.") is part of the Utah Code, the codified statutory law of Utah. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Utah § 7-1-303?
A common citation format is "Utah Code § 7-1-303" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Utah law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.
How does Utah § 7-1-303 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Utah.