Utah § 7-1-618 - Deposit production offices prohibited.

Full text of Utah Utah Code § 7-1-618 — Deposit production offices prohibited., with citation guidance and answers to common questions.

§ 7-1-618. Deposit production offices prohibited.

7-1-618.  Deposit production offices prohibited.
(1) Except as provided in Subsection (2), it is unlawful to establish or operate a deposit production office or similar office in this state for the purpose of soliciting deposits or similar evidence of indebtedness or participation interests in indebtedness.
(2) This prohibition does not apply to:
(a) activities conducted at a main office or branch of the depository institution conducting the activities; or
(b) activities conducted at the main office or branch of an affiliate depository institution acting as an agent to the extent permitted under Section 7-1-716.


Enacted by Chapter 49, 1995 General Session

Source: official Utah text · Last verified 2026-08-27

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Frequently Asked Questions About Utah § 7-1-618

What does Utah Code § 7-1-618 cover?

Section 7-1-618 ("Deposit production offices prohibited.") 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 § 7-1-618?

A common citation format is "Utah Code § 7-1-618" (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 § 7-1-618 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.