There Is a Newer Version of the Utah Code
2011 Utah Code
Title 31A Insurance Code
Chapter 1 General Provisions
Section 108 Corporations in the process of organizing.
31A-1-108. Corporations in the process of organizing.Corporations in the process of organizing on July 1, 1986, may continue to organize under former Title 31. Any corporation so organizing that does not obtain a certificate of authority by July 1, 1987, shall make appropriate refunds and reimbursements to subscribers, incorporators, and creditors in accordance with a plan approved by the commissioner. This plan shall specify the date that the legal existence of the corporation terminates.
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