Utah § 31A-1-108 Corporations in the process of organizing.

Utah Statutes

§ 31A-1-108 — Corporations in the process of organizing.

Utah § 31A-1-108

Title 31AInsurance Code

Ch. 31A-1General Provisions

Part 31A-1-1Purposes, Scope, and Application

This text of Utah § 31A-1-108 (Corporations in the process of organizing.) 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. § 31A-1-108 (2026).

Text

Corporations in the process of organizing on July 1, 1986, may continue to organize under former Title 31, Insurance.  Any corporation so organizing that does not obtain a certificate of authority by July 1, 1987, shall make appropriate refunds and reimbursements to subscribers, incorporators, and creditors in accordance with a plan approved by the commissioner.  This plan shall specify the date that the legal existence of the corporation terminates.

Free access — add to your briefcase to read the full text and ask questions with AI

Corporations in the process of organizing on July 1, 1986, may continue to organize under former Title 31, Insurance. Any corporation so organizing that does not obtain a certificate of authority by July 1, 1987, shall make appropriate refunds and reimbursements to subscribers, incorporators, and creditors in accordance with a plan approved by the commissioner. This plan shall specify the date that the legal existence of the corporation terminates.