Utah § 7-1-710 - "Agency" defined -- Purposes and establishment of agency.

Full text of Utah Utah Code § 7-1-710 — "Agency" defined -- Purposes and establishment of agency., with citation guidance and answers to common questions.

§ 7-1-710. "Agency" defined -- Purposes and establishment of agency.

Effective 5/13/2014
7-1-710.  "Agency" defined -- Purposes and establishment of agency.
(1) As used in this section, "agency" means a place, person, or facility, stationary or mobile, other than the home office or a branch office:
(a) where functions of the financial institution not involving the receiving or paying of deposits, making of loans or the handling of cash may be performed;
(b) established for individual transactions and for special temporary purposes;
(c) established for the purposes set forth in Sections 7-1-608 and 7-1-609; or
(d) established to perform the functions of a financial institution service corporation.
(2) A financial institution may establish one or more agencies without the prior written approval of the commissioner. Within 30 days of the establishment of an agency, the financial institution shall inform the commissioner in writing of the address of the agency and the specific functions for which it was established.
(3) No agency may be converted to a branch without compliance with Section 7-1-708.


Amended by Chapter 189, 2014 General Session

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

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Frequently Asked Questions About Utah § 7-1-710

What does Utah Code § 7-1-710 cover?

Section 7-1-710 (""Agency" defined -- Purposes and establishment of agency.") 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 § 7-1-710?

A common citation format is "Utah Code § 7-1-710" (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 § 7-1-710 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

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