Utah Statutes

§ 16-16-512 — Determination of voting power of patron member.

Utah·Title 16 Corporations·Ch. 16-16 Uniform Limited Cooperative Association Act·Part 16-16-5 Members
(1)The organic rules may allocate voting power among patron members on the basis of one or a combination of the following:
(1)(a) one member, one vote;
(1)(b) use or patronage;
(1)(c) equity; or
(1)(d) if a patron member is a cooperative, the number of its patron members.
(2)The organic rules may provide for the allocation of patron member voting power by districts or class, or any combination thereof.

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Legislative History

Enacted by Chapter 363, 2008 General Session

Nearby Sections

15
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