There is a newer version of the Utah Code
2011 Utah Code
Title 7 Financial Institutions Act
Chapter 7 Savings and Loan Associations Act
Section 8 Reorganization, merger or consolidation of association.
7-7-8. Reorganization, merger or consolidation of association.Under a plan adopted by the board of directors and approved by the commissioner, an association may reorganize or merge or consolidate with any other corporation or financial institution. The corporate continuity of the resulting corporation shall possess the same incidents as that of a converted institution which has converted in accordance with this chapter.
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