Utah Code 7-8-13. Real estate acquisition, holding, and conveyance
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Terms Used In Utah Code 7-8-13
- Bank: means a person authorized under the laws of this state, another state, or the United States to accept deposits from the public. See Utah Code 7-1-103
An industrial bank may purchase, hold, and convey real estate, other than premises used in the conduct of its business, only for the purposes and in a manner prescribed by rule.