Utah § 16-16-401 Authority to amend organic rules.

Utah Statutes

§ 16-16-401 — Authority to amend organic rules.

Utah § 16-16-401

Title 16Corporations

Ch. 16-16Uniform Limited Cooperative Association Act

Part 16-16-4Amendment of Organic Rules of Limited Cooperative Association

This text of Utah § 16-16-401 (Authority to amend organic rules.) 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. § 16-16-401 (2026).

Text

(1)A limited cooperative association may amend its organic rules under this part for any lawful purpose. In addition, the initial board of directors may amend the bylaws of an association under Section 16-16-304.

(2)Unless the organic rules otherwise provide, a member does not have a vested property right resulting from any provision in the organic rules, including a provision relating to the management, control, capital structure, distribution, entitlement, purpose, or duration of the limited cooperative association.

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(1) A limited cooperative association may amend its organic rules under this part for any lawful purpose. In addition, the initial board of directors may amend the bylaws of an association under Section 16-16-304.
(2) Unless the organic rules otherwise provide, a member does not have a vested property right resulting from any provision in the organic rules, including a provision relating to the management, control, capital structure, distribution, entitlement, purpose, or duration of the limited cooperative association.