Utah § 7-9-42 - Record requirements.
Full text of Utah Utah Code § 7-9-42 — Record requirements., with citation guidance and answers to common questions.
§ 7-9-42. Record requirements.
7-9-42. Record requirements.
| (1) | A credit union shall maintain all books, records, accounting systems, and procedures in accordance with rules the commissioner may prescribe or in accordance with Chapter 1, General Provisions. |
| (2) | In prescribing these rules, the commissioner shall consider the size of a credit union and its ability to comply. |
| (3) | A credit union is not liable for destroying records after the expiration of the record retention time prescribed by the rules. |
| (4) | A photostatic or photographic reproduction of any credit union records shall be admissible as evidence of transactions with the credit union. |
Amended by Chapter 189, 2014 General Session
Frequently Asked Questions About Utah § 7-9-42
What does Utah Code § 7-9-42 cover?
Section 7-9-42 ("Record requirements.") 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 § 7-9-42?
A common citation format is "Utah Code § 7-9-42" (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 § 7-9-42 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.