Public-domain · open source
OpenJurist

Utah Code § 3-1-30

Authorization for merger or consolidation with other associations or corporations -- Laws governing surviving or new corporation

Known as the Uniform Agricultural Cooperative Association Act

The act spans §§ 3-1-1 to 3-1-9 (60 sections).

Amended by Chapter 300, 2000 General Session

(1) Pursuant to a plan approved under this chapter, an agricultural cooperative association may merge or consolidate with:

(a) one or more agricultural cooperative associations;

(b) one or more domestic corporations governed by:

(i) Title 16, Chapter 10a, Utah Revised Business Corporation Act; or

(ii) Title 16, Chapter 6a, Utah Revised Nonprofit Corporation Act; or

(c) any combination of associations or corporations referred to in Subsection (1)(a) or (b).

(2) The surviving or new corporation shall be governed by:

(a) the Uniform Agricultural Cooperative Association Act; or

(b) Title 16, Chapter 6a, Utah Revised Nonprofit Corporation Act.

Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.