Show UNIFORM BANE S CODE PLANNED Move May Be Made a e to Have Ha e State Adopt New Laws r Because of ot the rapid change which have hove be been n place in the banking Industry through the tho devel e development of ot Interstate banking the Utah Jt legislature probably will be requested to adopt a a. code which will bo be uniform with tho codes of Cit ether cr western stat states s. s Walter H. H padlock Hadlock bank commissioner said Thursday Mr Ir Hadlock declared that the then n new W plan had not progressed pros far farenough enough to warrant discussion of its co component parts but that tho the pro pro- pr proposed I p posed sedi changes would mean menn more safety namely for depositors and the banks hanks A Jt c i de tho Utah flank Dank erk association has han been studying I too the problems of or interstate banking bl i for tot tt a Jono time Air Mr tr said and will have h a L report ready rendY In a afew afew few tew w weeks The Interstate hulking trend trond has hns brought up numerous problems which mU must t bo ho solved During the tho convention of oC the Association of or Bank Commissioners Com Com- missioners In San Francisco about a year Clr ago ngo tho the bank commissioners o or th tho states Included In the the- Twelfth federal I district met with tho officers of oe tho the Twelfth federal reserve reserve re ro- re- re serve bank to discuss the necessity o of oC adopting some uniform bank leg Again In Portland Ore early last summer ummer the same officers off orn- cers together with members from the tho various state legislative committees committees com com- met for the same purpose Since then there has been prepared prepared prepared pre pre- pre pre- pared a a. comparative schedule of oe banking laws 4 of f the western states The Tho schedule reflects a great variation variation variation varia varia- tion in tho the banking laws of oC the different different dif dif- ferent states The Tho rapid changes now taking place in our banking industry luG duo to Interstate banking lake it more Import Important nt that somewhat somewhat some some- what of a a. uniform banking codo code be adopted With the tho view of or attaining uniformity uniformity uniformity uni uni- In our banking laws the legislative committee of pf the tho Utah D Bankers Bankers' association and the tho state banking department are cooperating ing In n their efforts to recommend to id the tho coming comins legislature certain c changes anges In th the Utah banking laws that will wUl add additional safety to tob bank b depositors and further establish establish lish confidence in the tho banking industry in industry In- In of U Utah ah es esS I S |