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2018 Utah Code
Title 16 - Corporations
Chapter 16 - Uniform Limited Cooperative Association Act
Part 14 - Foreign Cooperatives
Section 1401 - Governing law.
Universal Citation: UT Code § 16-16-1401 (2018)
16-16-1401. Governing law.
Enacted by Chapter 363, 2008 General Session
- (1) The law of the state or other jurisdiction under which a foreign cooperative is organized governs relations among the members of the foreign cooperative and between the members and the foreign cooperative.
- (2) A foreign cooperative may not be denied a certificate of authority because of any difference between the law of the jurisdiction under which the foreign cooperative is organized and the law of this state.
- (3) A certificate of authority does not authorize a foreign cooperative to engage in any activity or exercise any power that a limited cooperative association may not engage in or exercise in this state.
Enacted by Chapter 363, 2008 General Session
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