Utah § 63H-8-205 Disclosure of interest.

Utah Statutes

§ 63H-8-205 — Disclosure of interest.

Utah § 63H-8-205

Title 63HIndependent State Entities

Ch. 63H-8Utah Housing Corporation Act

Part 63H-8-2Organization

This text of Utah § 63H-8-205 (Disclosure of interest.) 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. § 63H-8-205 (2026).

Text

(1)A trustee, officer, or employee of the corporation who has, will have, or later acquires an interest, direct or indirect, in a transaction with the corporation shall immediately disclose the nature and extent of that interest in writing to the corporation as soon as the trustee, officer, or employee has knowledge of the actual or prospective interest.

(2)(2)(a) This disclosure shall be entered upon the minutes of the corporation.

(2)(b) Upon the disclosure, that trustee, officer, or employee may participate in any action by the corporation authorizing the transaction.

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(1) A trustee, officer, or employee of the corporation who has, will have, or later acquires an interest, direct or indirect, in a transaction with the corporation shall immediately disclose the nature and extent of that interest in writing to the corporation as soon as the trustee, officer, or employee has knowledge of the actual or prospective interest.
(2) (2)(a) This disclosure shall be entered upon the minutes of the corporation.
(2)(b) Upon the disclosure, that trustee, officer, or employee may participate in any action by the corporation authorizing the transaction.