Utah Statutes

§ 31A-5-402 — Shareholders' meetings.

Utah § 31A-5-402
JurisdictionUtah
Title 31AInsurance Code
Ch. 31A-5Domestic Stock and Mutual Insurance Corporations
Part 31A-5-4Management of Insurance Corporations

This text of Utah § 31A-5-402 (Shareholders' meetings.) 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-5-402 (2026).

Text

(1)Sections 16-10a-701, 16-10a-702, 16-10a-705, 16-10a-721, 16-10a-724, 16-10a-726, and 16-10a-728 apply to the meetings, notices, quorums, and voting of stock corporations. Except where a greater percentage is required or allowed under this title, the articles of incorporation of domestic insurers may not require more than 50% of the shares represented for the approval of an action requiring shareholder approval.
(2)Sections 16-10a-707 and 16-10a-720 apply to the closing of transfer books, the fixing of the record date, and the voting lists of stock corporations.
(3)Section 16-10a-731 applies to stock corporations. The transfer of shares to a voting trust does not preclude the trustor, or trustee, from being subject to Chapter 16, Insurance Holding Companies.

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Legislative History

Amended by Chapter 277, 1992 General Session

Nearby Sections

15
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Bluebook (online)
Utah § 31A-5-402, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/31A-5-402.