Utah Code § 7-1-610
Attorney-in-fact as to savings account -- Institution immune from liability
Utah · Utah Code Title 7 — Financial Institutions Act · Status: effective
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- Citation
- Utah Code § 7-1-610, Attorney-in-fact as to savings account -- Institution immune from liability, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2324329
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Full text
Any depository institution may continue to recognize the authority of an attorney-in-fact authorized in writing to manage or to make withdrawals either in whole or in part from the savings account of a holder, whether minor or adult, until it is on actual notice of the revocation of the authority of the attorney-in-fact. No such institution shall be liable for damages, penalty, or tax by reason of any payment made under this section.