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Financial Institutions Act | |
Savings and Loan Associations Act | |
Section 38 | Reports and examinations required -- Access to records. |
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7-7-38. Reports and examinations required -- Access to records. Every association shall file such reports and be subject to such examinations as may be required by the commissioner under the provisions of Title 7, Chapter 1, Part 3, Powers and Duties of Commissioner of Financial Institutions. In lieu of any examination required under that article, the commissioner may accept any examination made by the Office of Thrift Supervision, the Federal Deposit Insurance Corporation, or their successor federal agencies, or an association's supervisory authority of another state. The commissioner, the supervisor, or their examiners or auditors shall have free access to all books and papers of an association, savings and loan holding company or any subsidiary thereof, the principal office of which is located in this state.
Amended by Chapter 356, 2009 General Session |
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