1. Home
  2. Browse Decisions
  3. P.2d
  4. 442 P.2d
  5. 442 P.2d 929 (1968)
 

IN RE UTAH SAVINGS AND LOAN ASSOCIATION

No. 11172.

442 P.2d 929 (1968)

21 Utah 2d 169

In the Matter of the Suspension and Liquidation of UTAH SAVINGS AND LOAN ASSOCIATION, a Utah corporation, W. Smoot Brimhall, Commissioner of Financial Institutions of the State of Utah, Appellant.

Supreme Court of Utah.

June 25, 1968.

Attorney(s) appearing for the Case

David K. Watkiss and Zar E. Hayes, of Pugsley, Hayes, Rampton & Watkiss, Salt Lake City, for appellant.

Phillip V. Christensen, Provo, William G. Fowler, Salt Lake City, for respondent.

CROCKETT, Chief Justice:

In this proceeding we are asked to rule on this question: Were deposits with Utah Savings & Loan Association at Provo, Utah, made after July 7, 1966, to be treated as separate trust funds for the benefit of the depositors thereof, as ordered by the State Bank Commissioner, or should they be treated as commingled funds and thus as ordinary assets as urged by contestants?

About the first of July, 1966, the Bank Commissioner had become...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases