Utah Administrative Code
Topic - Money Management Council
Title R628 - Administration
Rule R628-12 - Certification of Qualified Depositories for Public Funds
Section R628-12-3 - Purpose
Universal Citation: UT Admin Code R 628-12-3
Current through Bulletin 2024-06, March 15, 2024
This rule establishes the requirements which must be met by a federally insured depository institution to become and remain a qualified depository eligible to receive and hold deposits of public funds. It also establishes the conditions under which eligibility may be terminated and the procedures to be followed in terminating a depository institution's status as a qualified depository.
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