(1) Sections 7-1-1002 and 7-1-1003 do not apply if an examination of a record is a part of an official investigation by:

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Terms Used In Utah Code 7-1-1006

  • Account holder: means a person for whom an account is held by a financial institution. See Utah Code 7-1-1001
  • City: includes , depending on population, a metro township as defined in Section 10-3c-102. See Utah Code 68-3-12.5
  • control: means the power, directly or indirectly, or through or in concert with one or more persons, to:
         (5)(a) direct or exercise a controlling influence over:
              (5)(a)(i) the management or policies of a financial institution; or
              (5)(a)(ii) the election of a majority of the directors or trustees of an institution; or
         (5)(b) vote 25% or more of any class of voting securities of a financial institution. See Utah Code 7-1-103
  • Department: means the Department of Financial Institutions. See Utah Code 7-1-103
  • Financial institution: means an institution subject to the jurisdiction of the department because of this title. See Utah Code 7-1-103
  • Governmental entity: means :
              (1)(b)(i) the state, including:
                   (1)(b)(i)(A) a department;
                   (1)(b)(i)(B) an institution;
                   (1)(b)(i)(C) a board;
                   (1)(b)(i)(D) a division;
                   (1)(b)(i)(E) a bureau;
                   (1)(b)(i)(F) an office;
                   (1)(b)(i)(G) a commission;
                   (1)(b)(i)(H) a committee; or
                   (1)(b)(i)(I) an elected official; and
              (1)(b)(ii) a political subdivision of the state, including:
                   (1)(b)(ii)(A) a county;
                   (1)(b)(ii)(B) a city;
                   (1)(b)(ii)(C) a town;
                   (1)(b)(ii)(D) a school district;
                   (1)(b)(ii)(E) a public transit district;
                   (1)(b)(ii)(F) a redevelopment agency;
                   (1)(b)(ii)(G) a special improvement district; or
                   (1)(b)(ii)(H) a taxing district. See Utah Code 7-1-1001
  • Institution: means :
         (19)(a) a corporation;
         (19)(b) a limited liability company;
         (19)(c) a partnership;
         (19)(d) a trust;
         (19)(e) an association;
         (19)(f) a joint venture;
         (19)(g) a pool;
         (19)(h) a syndicate;
         (19)(i) an unincorporated organization; or
         (19)(j) any form of business entity. See Utah Code 7-1-103
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Nonprotected record: means a record maintained by a financial institution to facilitate the conduct of the financial institution's business regarding a person or account, including:
              (1)(c)(i) the existence of an account;
              (1)(c)(ii) the opening and closing dates of an account;
              (1)(c)(iii) the name under which an account is held; and
              (1)(c)(iv) the name, address, and telephone number of an account holder. See Utah Code 7-1-1001
  • Person: means :
         (27)(a) an individual;
         (27)(b) a corporation;
         (27)(c) a limited liability company;
         (27)(d) a partnership;
         (27)(e) a trust;
         (27)(f) an association;
         (27)(g) a joint venture;
         (27)(h) a pool;
         (27)(i) a syndicate;
         (27)(j) a sole proprietorship;
         (27)(k) an unincorporated organization; or
         (27)(l) any form of business entity. See Utah Code 7-1-103
  • Process: means a writ or summons issued in the course of a judicial proceeding. See Utah Code 68-3-12.5
  • Protected record: means a record that is not defined as a nonprotected record. See Utah Code 7-1-1001
  • Record: means information that is:
              (1)(e)(i) prepared, owned, received, or retained by a financial institution;
              (1)(e)(ii)
                   (1)(e)(ii)(A) inscribed on a tangible medium; or
                   (1)(e)(ii)(B) stored in an electronic or other medium; and
              (1)(e)(iii) retrievable in perceivable form. See Utah Code 7-1-1001
  • State: means , unless the context demands otherwise:
         (33)(a) a state;
         (33)(b) the District of Columbia; or
         (33)(c) the territories of the United States. See Utah Code 7-1-103
  • Statute: A law passed by a legislature.
  • Subpoena: A command to a witness to appear and give testimony.
  • Writing: includes :
         (48)(a) printing;
         (48)(b) handwriting; and
         (48)(c) information stored in an electronic or other medium if the information is retrievable in a perceivable format. See Utah Code 68-3-12.5
     (1)(a) local police;
     (1)(b) a sheriff;
     (1)(c) a peace officer;
     (1)(d) a city attorney;
     (1)(e) a county attorney;
     (1)(f) a district attorney;
     (1)(g) the attorney general;
     (1)(h) the Department of Public Safety;
     (1)(i) the Office of Recovery Services of the Department of Health and Human Services;
     (1)(j) the Insurance Department;
     (1)(k) the Department of Commerce;
     (1)(l) the Benefit Payment Control Unit or the Payment Error Prevention Unit of the Department of Workforce Services;
     (1)(m) the state auditor;
     (1)(n) the State Tax Commission; or
     (1)(o) the Department of Health and Human Services or its designee, when undertaking an official investigation to determine whether an individual qualifies for certain assistance programs as provided in Section 26B-3-106.
(2) Except for the Office of Recovery Services, if a governmental entity listed in Subsection (1) seeks a record, the entity shall obtain the record as follows:

     (2)(a) if the record is a nonprotected record, by request in writing that:

          (2)(a)(i) certifies that an official investigation is being conducted; and
          (2)(a)(ii) is signed by a representative of the governmental entity that is conducting the official investigation; or
     (2)(b) if the record is a protected record, by obtaining:

          (2)(b)(i) a subpoena authorized by statute;
          (2)(b)(ii) other legal process:

               (2)(b)(ii)(A) ordered by a court of competent jurisdiction; and
               (2)(b)(ii)(B) served upon the financial institution; or
          (2)(b)(iii) written permission from all account holders of the account referenced in the record to be examined.
(3) If the Office of Recovery Services seeks a record, the Office of Recovery Services shall obtain the record pursuant to:

     (3)(a) Subsection 26B-9-104(1)(g);
     (3)(b) Section 26B-9-205;
     (3)(c) Section 26B-9-208; or
     (3)(d) Title IV, Part D of the Social Security Act as codified in 42 U.S.C. § 651 et seq.
(4) A financial institution may not give notice to an account holder or person named or referenced within the record disclosed pursuant to Subsection (2)(a).
(5) In accordance with Section 7-1-1004, the governmental entity conducting the official investigation that obtains a record from a financial institution under this section shall reimburse the financial institution for costs reasonably and directly incurred by the financial institution.