Utah Statutes

§ 3-1-30 — Authorization for merger or consolidation with other associations or corporations -- Laws governing surviving or new corporation.

Utah·Title 3 Uniform Agricultural Cooperative Association Act·Ch. 3-1 General Provisions Relating to Agricultural Cooperative Associations
(1)Pursuant to a plan approved under this chapter, an agricultural cooperative association may merge or consolidate with:
(1)(a) one or more agricultural cooperative associations;
(1)(b) one or more domestic corporations governed by:
(1)(b)(i) Title 16, Chapter 10a, Utah Revised Business Corporation Act; or
(1)(b)(ii) Title 16, Chapter 6a, Utah Revised Nonprofit Corporation Act; or
(1)(c) any combination of associations or corporations referred to in Subsection (1)(a) or (b).
(2)The surviving or new corporation shall be governed by:
(2)(a) the Uniform Agricultural Cooperative Association Act; or
(2)(b) Title 16, Chapter 6a, Utah Revised Nonprofit Corporation Act.

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Legislative History

Amended by Chapter 300, 2000 General Session

Nearby Sections

15
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