Utah § 7-28-107 - Property interest of depositor or beneficiary.

Full text of Utah Utah Code § 7-28-107 — Property interest of depositor or beneficiary., with citation guidance and answers to common questions.

§ 7-28-107. Property interest of depositor or beneficiary.

Effective 5/7/2025
7-28-107.  Property interest of depositor or beneficiary.
(1)Neither a depositor nor a beneficiary has a property interest in a special deposit.
(2)
(a)Any property interest with respect to a special deposit is only in the right to receive payment if the bank is obligated to pay a beneficiary and not in the special deposit itself.
(b)Any property interest under this Subsection (2) is determined under other law.


Enacted by Chapter 482, 2025 General Session

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

Frequently Asked Questions About Utah § 7-28-107

What does Utah Code § 7-28-107 cover?

Section 7-28-107 ("Property interest of depositor or beneficiary.") 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 § 7-28-107?

A common citation format is "Utah Code § 7-28-107" (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 § 7-28-107 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.