Utah § 7-9-34 - Tax exemption of credit unions.
Full text of Utah Utah Code § 7-9-34 — Tax exemption of credit unions., with citation guidance and answers to common questions.
§ 7-9-34. Tax exemption of credit unions.
| (1) | Except as otherwise provided in this section, credit unions organized under this chapter or prior law are exempt from taxation. |
| (2) | Any real property or any tangible personal property owned by the credit union shall be subject to taxation to the same extent as other similar property is taxed. |
| (3) | For purposes of the corporate tax, credit unions shall be governed by Section 59-7-102. |
| (4) | This section does not exempt credit unions from sales or use taxes, or fees owed to the department in accordance with this title and rules of the department. |
Amended by Chapter 178, 1994 General Session
Source: official Utah text · Last verified 2026-08-27
Frequently Asked Questions About Utah § 7-9-34
What does Utah Code § 7-9-34 cover?
Section 7-9-34 ("Tax exemption of credit unions.") 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 § 7-9-34?
A common citation format is "Utah Code § 7-9-34" (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 § 7-9-34 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.