There is a newer version
of
this Section
2018 Utah Code
Title 16 - Corporations
Chapter 16 - Uniform Limited Cooperative Association Act
Part 12 - Dissolution
Section 1212 - Reinstatement following administrative dissolution.
Universal Citation: UT Code § 16-16-1212 (2018)
16-16-1212. Reinstatement following administrative dissolution.
Amended by Chapter 378, 2010 General Session
- (1) A limited cooperative association that has been dissolved administratively may apply to the division for reinstatement not later than two years after the effective date of dissolution. The application shall be delivered to the division for filing and state:
- (a) the name of the association and the effective date of its administrative dissolution;
- (b) that the grounds for dissolution either did not exist or have been eliminated; and
- (c) that the association's name satisfies the requirements of Section 16-16-111.
- (2) If the division determines that an application contains the information required by Subsection (1) and that the information is correct, the division shall:
- (a) prepare a declaration of reinstatement;
- (b) file the original of the declaration; and
- (c) serve a copy of the declaration on the association.
- (3) When reinstatement under this section becomes effective, it relates back to and takes effect as of the effective date of the administrative dissolution, and the limited cooperative association may resume or continue its activities as if the administrative dissolution had not occurred.
Amended by Chapter 378, 2010 General Session
Disclaimer: These codes may not be the most recent version. Utah may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
