The current members present or voting by signed ballot, if voting by ballot is allowed by the association's bylaws, of each cooperative association which is a party to the merger or consolidation and the shareholders present or voting by proxy or by delegate of each noncooperative corporation which is a party to the merger or consolidation shall constitute a quorum at the meeting called to vote upon the merger or consolidation unless the plan requires a greater number to constitute a quorum at the meeting.
Utah Code § 3-1-34
Quorum at meeting to vote on plan of merger or consolidation
Known as the Uniform Agricultural Cooperative Association Act
The act spans §§ 3-1-1 to 3-1-9 (60 sections).
Amended by Chapter 202, 1994 General Session
Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.