# Utah Code § 7-1-201: Creation of department -- Organization

> Utah · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_201

## Section

- **Citation:** Utah Code § 7-1-201
- **Heading:** Creation of department -- Organization
- **Jurisdiction:** Utah
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Utah Code / Title 7 / Chapter 7-1 / § 7-1-201

## Text

(1) There is created the Department of Financial Institutions that is responsible for the execution of the laws of this state relating to a financial institution or other person subject to this title, and relating to the businesses that the financial institution or other person conducts. (2) The department organization includes: (a) the commissioner of financial institutions, who shall be the chief executive officer of the department; (b) the Board of Financial Institutions; (c) the chief examiner; (d) the deputy commissioner; (e) the supervisor of banks; (f) the supervisor of industrial banks; (g) the supervisor of credit unions; (h) the supervisor of money services businesses; (i) the supervisor of holding companies; and (j) other supervisors, examiners, and personnel as may be required to carry out the duties, powers, and responsibilities of the department. (3) A power or duty of the commissioner under this title may be exercised by the deputy commissioner or a supervisor described in Subsection (2) if the commissioner delegates in writing the authority to exercise the power or duty to the deputy commissioner or supervisor.

## Nearby sections

- [Utah Code § 7-1-101 § 7-1-101. Title.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_101.md)
- [Utah Code § 7-1-102 § 7-1-102. Legislative findings, purpose, and intent.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_102.md)
- [Utah Code § 7-1-103 § 7-1-103. Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_103.md)
- [Utah Code § 7-1-103.5 § 7-1-103.5. Control.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_103.5.md)
- [Utah Code § 7-1-104 § 7-1-104. Exemptions from application of title.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_104.md)
- [Utah Code § 7-1-105 § 7-1-105. Procedures -- Adjudicative proceedings.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_105.md)
- [Utah Code § 7-1-106 § 7-1-106. Venue for action or petition brought by commissioner.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_106.md)
- [Utah Code § 7-1-201 § 7-1-201. Creation of department -- Organization.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_201.md)
- [Utah Code § 7-1-202 § 7-1-202. Commissioner of financial institutions as executive officer -- Appointment -- Term -- Salary -- Qualifications.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_202.md)
- [Utah Code § 7-1-203 § 7-1-203. Board of Financial Institutions.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_203.md)
- [Utah Code § 7-1-204 § 7-1-204. Chief examiner -- Powers and duties.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_204.md)
- [Utah Code § 7-1-205 § 7-1-205. Supervisor of banks -- Responsibilities.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_205.md)
- [Utah Code § 7-1-207 § 7-1-207. Supervisor of industrial banks -- Responsibilities.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_207.md)
- [Utah Code § 7-1-208 § 7-1-208. Supervisor of credit unions -- Responsibilities.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_208.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_UT_T7_S7_1_201. Check the current official text before relying on it. Not legal advice.