Utah Statutes

§ 16-6a-607 — Creditor's action against member.

Utah·Title 16 Corporations·Ch. 16-6a Utah Revised Nonprofit Corporation Act·Part 16-6a-6 Members

A proceeding may not be brought by a creditor to reach the liability, if any, of a member to the nonprofit corporation unless:

(1)(1)(a) final judgment has been rendered in favor of the creditor against the nonprofit corporation; and
(1)(b) execution has been returned unsatisfied in whole or in part; or
(2)a proceeding described in Subsection (1) would be useless.

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Legislative History

Enacted by Chapter 300, 2000 General Session

Nearby Sections

15
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