Utah § 7-9-33 - Lien and right of set off of credit union.

Full text of Utah Utah Code § 7-9-33 — Lien and right of set off of credit union., with citation guidance and answers to common questions.

§ 7-9-33. Lien and right of set off of credit union.

7-9-33.  Lien and right of set off of credit union.
(1) A credit union shall have a lien and right of set off on a member's individual, joint, multiple party, or transaction accounts, including any accumulated dividend or interest, for any sum due the credit union from the member.
(2) All funds in the account at any time are subject to the lien and right of set off.
(3) A security interest in the funds shall be perfected by restricting withdrawals of the funds.
(4) A lien under this section does not apply if:
(a) the application of the lien will cause a loss of a tax incentive for the customer or member; or
(b) is prohibited by law.


Amended by Chapter 182, 1996 General Session

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

Related Utah Legal Topics

Frequently Asked Questions About Utah § 7-9-33

What does Utah Code § 7-9-33 cover?

Section 7-9-33 ("Lien and right of set off of credit union.") 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 § 7-9-33?

A common citation format is "Utah Code § 7-9-33" (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 § 7-9-33 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.