There Is a Newer Version of the Utah Code
2011 Utah Code
Title 16 Corporations
Chapter 16 Uniform Limited Cooperative Association Act
Section 819 Conflict of interest.
16-16-819. Conflict of interest.(1) The law applicable to conflicts of interest between a director of an entity organized under Title 3, Uniform Agricultural Cooperative Association Act, governs conflicts of interest between a limited cooperative association and a director or member of a committee of the board of directors.
(2) A director does not have a conflict of interest under this chapter or the organic rules solely because the director's conduct relating to the duties of the director may further the director's own interest.
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