There is a newer version of the Utah Code
2015 Utah Code
Title 3 - Uniform Agricultural Cooperative Association Act
Chapter 1 - General Provisions Relating to Agricultural Cooperative Associations
- Section 1 - Declaration of policy.
- Section 1.1 - General corporation laws do not apply.
- Section 2 - Definitions.
- Section 3 - Qualifications of incorporators.
- Section 4 - Purposes.
- Section 5 - Articles of incorporation.
- Section 6 - Filing articles of incorporation -- Certificate of incorporation -- Fees -- Constructive notice.
- Section 7 - Amendments to articles of incorporation.
- Section 8 - Bylaws.
- Section 9 - Powers.
- Section 10 - Members -- Qualifications and liabilities -- Voting rights.
- Section 11 - Certificates of and termination of membership -- Dividends and distribution of reserves -- Preferred stock -- Certificates of interest -- Unclaimed credits.
- Section 12 - Meetings.
- Section 12.1 - Quorum -- Voting.
- Section 12.2 - Waiver of notice.
- Section 13 - Directors.
- Section 13.1 - Limitation of personal liability of officers and directors.
- Section 13.2 - Place and notice of directors' meetings -- Action without meeting -- Meetings by telephone conference calls.
- Section 13.3 - General standards of conduct for directors and officers.
- Section 13.4 - Indemnification of officers, directors, employees, fiduciaries, and agents.
- Section 13.5 - Conflicts of interest.
- Section 13.6 - Quorum and voting.
- Section 13.7 - Resignation of directors.
- Section 13.8 - Director committees.
- Section 14 - Removal of director.
- Section 15 - Officers.
- Section 15.1 - Duties of officers.
- Section 16 - Removal of officer.
- Section 16.1 - Resignation of officers.
- Section 17 - Contracts with association.
- Section 18 - Inducing breach of contract -- False reports -- Penalty.
- Section 19 - Association not in restraint of trade -- Right to disseminate information.
- Section 20 - Voluntary dissolution -- Distribution of assets -- Proceedings.
- Section 20.1 - Grounds for judicial dissolution.
- Section 20.2 - Procedure for judicial dissolution.
- Section 20.3 - Receivership or custodianship.
- Section 20.4 - Decree of dissolution.
- Section 21 - Existing associations continued under chapter.
- Section 22 - Accrued rights not affected by chapter.
- Section 23 - Use of term "cooperative" limited.
- Section 24 - Eligible foreign corporations may operate under chapter.
- Section 25 - Filing of annual reports.
- Section 26 - Separability clause.
- Section 27 - Construction of chapter.
- Section 28 - Short title.
- Section 29 - Inconsistent acts repealed -- Existing associations continued.
- Section 30 - Authorization for merger or consolidation with other associations or corporations -- Laws governing surviving or new corporation.
- Section 31 - Contents and approval of plan of merger or consolidation.
- Section 32 - Notice to members and shareholders of meeting to vote on plan of merger or consolidation.
- Section 33 - Determination of members and shareholders entitled to notice of or to vote on plan of merger or consolidation.
- Section 34 - Quorum at meeting to vote on plan of merger or consolidation.
- Section 35 - Procedure at meeting to vote on plan of merger or consolidation -- Abandonment of merger or consolidation prior to filing articles.
- Section 36 - Articles of merger or consolidation -- Execution, contents, and filing of articles -- Issuance of certificate of merger or consolidation -- Fees.
- Section 37 - Effect of merger or consolidation.
- Section 38 - Procedure for and effect of merger or consolidation of foreign and domestic corporations or associations.
- Section 41 - Domestic or foreign corporations or associations -- Plan of merger -- Articles of merger -- Certificate of merger.
- Section 42 - Association's records.
- Section 43 - Inspection of records.
- Section 44 - Registered office and agent.
- Section 45 - Sale, mortgage, and lease of assets.
- Section 46 - Conversion to a limited cooperative association.
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