2006 Utah Code - 76-10-709 — Presumption of director\'s knowledge of affairs.

     76-10-709.   Presumption of director's knowledge of affairs.
     Every director of a corporation or joint stock association is deemed to possess a knowledge of the affairs of his corporation as to enable him to determine whether any act, proceeding, or omission of its directors is a violation of this part.

Amended by Chapter 20, 1995 General Session