7-3-22. Certificates and evidences of deposit binding -- Issuance of items intended
to circulate as money prohibited.
All certificates or evidences of deposit made by the proper officers of any bank bind the
bank with or without its corporate seal affixed. No bank shall issue any bill, note, or certificate
intended to circulate as money.
Enacted by Chapter 16, 1981 General Session
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Last revised: Thursday, May 28, 2009