Go to Previous Versions
of
this Section
2025 Utah Code
Title 7 - Financial Institutions Act
Chapter 3 - Banks
Section 30 - Board of directors to manage business -- Residency of directors.
Universal Citation:
UT Code § 7-3-30 (2025)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
7-3-30. Board of directors to manage business -- Residency of directors.
The business and affairs of a corporation conducting a banking business shall be managed by its board of directors. Directors are not required to be residents of this state or shareholders of the corporation unless its articles of incorporation or bylaws so require.
Enacted by Chapter 16, 1981 General Session
The business and affairs of a corporation conducting a banking business shall be managed by its board of directors. Directors are not required to be residents of this state or shareholders of the corporation unless its articles of incorporation or bylaws so require.
Enacted by Chapter 16, 1981 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.
