Utah § 7-9-16 - Members -- Eligibility -- Liability -- Grounds for closing account -- Denial of membership.
Full text of Utah Utah Code § 7-9-16 — Members -- Eligibility -- Liability -- Grounds for closing account -- Denial of membership., with citation guidance and answers to common questions.
§ 7-9-16. Members -- Eligibility -- Liability -- Grounds for closing account -- Denial of membership.
| (2) | A member who is eligible for membership in a credit union at the time the member is admitted as a member but who is no longer in the field of membership of the credit union may retain membership in the credit union unless otherwise provided in the bylaws of the credit union. |
| (3) | A member of the credit union may not be held personally or individually liable for payment of the credit union's debts. |
| (4) | The credit union may close the account of any member whose actions have resulted in any financial loss to the credit union. |
| (5) | Denial of membership is not considered a denial of credit. |
Amended by Chapter 327, 2003 General Session
Source: official Utah text · Last verified 2026-08-27
Frequently Asked Questions About Utah § 7-9-16
What does Utah Code § 7-9-16 cover?
Section 7-9-16 ("Members -- Eligibility -- Liability -- Grounds for closing account -- Denial of membership.") 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 § 7-9-16?
A common citation format is "Utah Code § 7-9-16" (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 § 7-9-16 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.