Utah Code § 7-9-42
This is the official text of Utah Code § 7-9-42, part of Utah’s Code — part of the compiled statutory law of Utah, published by the state as "Code." Browse the sections below, each linked to its official government source.
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§ 7-9-42. Record requirements.
Official statutory text
(1) A credit union shall maintain all books, records, accounting systems, and procedures in accordance with rules the commissioner may prescribe or in accordance with Chapter 1, General Provisions. (2) In prescribing these rules, the commissioner shall consider the size of a credit union and its ability to comply. (3) A credit union is not liable for destroying records after the expiration of the record retention time prescribed by the rules. (4) A photostatic or photographic reproduction of any credit union records shall be admissible as evidence of transactions with the credit union.
Status: in_force · Read it on the official government site
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