Utah § 16-10a-809 Removal of directors by judicial proceeding.

Utah Statutes

§ 16-10a-809 — Removal of directors by judicial proceeding.

Utah § 16-10a-809

Title 16Corporations

Ch. 16-10aUtah Revised Business Corporation Act

Part 16-10a-8Directors and Officers

This text of Utah § 16-10a-809 (Removal of directors by judicial proceeding.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 16-10a-809 (2026).

Text

(1)A court with jurisdiction under Title 78A, Judiciary and Judicial Administration, may remove a director in a proceeding commenced by the corporation or by the corporation's shareholders holding at least 10% of the outstanding shares of any class if the court finds that:

(1)(a) the director engaged in fraudulent or dishonest conduct or gross abuse of authority or discretion with respect to the corporation; and

(1)(b) removal is in the best interest of the corporation.

(2)The court that removes a director may bar the director from reelection for a period prescribed by the court.

(3)If shareholders commence a proceeding under Subsection (1), they shall make the corporation a party defendant.

(4)A director who is removed pursuant to this section may deliver to the division for filing a

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(1) A court with jurisdiction under Title 78A, Judiciary and Judicial Administration, may remove a director in a proceeding commenced by the corporation or by the corporation's shareholders holding at least 10% of the outstanding shares of any class if the court finds that:
(1)(a) the director engaged in fraudulent or dishonest conduct or gross abuse of authority or discretion with respect to the corporation; and
(1)(b) removal is in the best interest of the corporation.
(2) The court that removes a director may bar the director from reelection for a period prescribed by the court.
(3) If shareholders commence a proceeding under Subsection (1), they shall make the corporation a party defendant.
(4) A director who is removed pursuant to this section may deliver to the division for filing a statement to that effect pursuant to Section 16-10a-1608.