§ 16-16-809 — Vacancy on board.

Utah § 16-16-809

• Jurisdiction: Utah
• Title 16: Corporations
• Ch. 16-16: Uniform Limited Cooperative Association Act
• Part 16-16-8: Directors and Officers

Text

(1) Unless the organic rules otherwise provide, a vacancy on the board of directors shall be filled:

(1)(a) within a reasonable time by majority vote of the remaining directors until the next annual members meeting or a special meeting of members called to fill the vacancy; and
(1)(b) for the unexpired term by members at the next annual members meeting or a special meeting of members called to fill the vacancy.
(2) Unless the organic rules otherwise provide, if a vacating director was elected or appointed by a class of members or a district:

(2)(a) the new director shall be of that class or district; and
(2)(b) the selection of the director for the unexpired term shall be conducted in the same manner as would the selection for that position without a vacancy.
(3) If a member appointed a vacating director, the organic rules may provide for that member to appoint a director to fill the vacancy.

Legislative History

Amended by Chapter 378, 2010 General Session