Utah § 16-6a-1401 Dissolution by incorporators or directors if no members.

Utah Statutes

§ 16-6a-1401 — Dissolution by incorporators or directors if no members.

Utah § 16-6a-1401

Title 16Corporations

Ch. 16-6aUtah Revised Nonprofit Corporation Act

Part 16-6a-14Dissolution

This text of Utah § 16-6a-1401 (Dissolution by incorporators or directors if no members.) 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. § 16-6a-1401 (2026).

Text

(1)If a nonprofit corporation has no members, the following may authorize the dissolution of the nonprofit corporation:

(1)(a) a majority of its directors; or

(1)(b) if it has no directors, a majority of its incorporators.

(2)The directors or incorporators in approving dissolution shall adopt a plan of dissolution indicating to whom the assets owned or held by the nonprofit corporation will be distributed after all creditors have been paid.

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(1) If a nonprofit corporation has no members, the following may authorize the dissolution of the nonprofit corporation:

(1)(a) a majority of its directors; or
(1)(b) if it has no directors, a majority of its incorporators.
(2) The directors or incorporators in approving dissolution shall adopt a plan of dissolution indicating to whom the assets owned or held by the nonprofit corporation will be distributed after all creditors have been paid.