Utah Administrative Code
Topic - Financial Institutions
Title R337 - Credit Unions
Rule R337-7 - Discount Securities Brokerage Service by State-Chartered Credit Unions
Section R337-7-1 - Authority, Scope, and Purpose
Universal Citation: UT Admin Code R 337-7-1
Current through Bulletin 2024-06, March 15, 2024
(1) This rule is issued pursuant to Subsection 7-1-301(3).
(2) This rule governs the type of securities brokerage service state chartered credit unions may offer.
(3) The purpose of this rule is to allow securities activities limited to "discount brokerage" services by state chartered credit unions, similar to the discount brokerage services allowed state chartered banks and industrial loan corporations.
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