Utah Statutes

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

Utah·Title 31A Insurance Code·Ch. 31A-1 General Provisions·Part 31A-1-1 Purposes, Scope, and Application
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.

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Utah § 31A-1-108 (Corporations in the process of organizing.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Enacted by Chapter 242, 1985 General Session

Nearby Sections

15
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