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Utah Code § 7-28-107

Property interest of depositor or beneficiary

Utah · Utah Code Title 7 — Financial Institutions Act · Status: effective

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Utah Code § 7-28-107, Property interest of depositor or beneficiary, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2324663
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(1) Neither a depositor nor a beneficiary has a property interest in a special deposit. (2) (a) Any property interest with respect to a special deposit is only in the right to receive payment if the bank is obligated to pay a beneficiary and not in the special deposit itself. (b) Any property interest under this Subsection (2) is determined under other law.