Utah Statutes

§ 7-3-30 — Board of directors to manage business -- Residency of directors.

Utah § 7-3-30
JurisdictionUtah
Title 7Financial Institutions Act
Ch. 7-3Banks

This text of Utah § 7-3-30 (Board of directors to manage business -- Residency of directors.) 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. § 7-3-30 (2026).

Text

The business and affairs of a corporation conducting a banking business shall be managed by its board of directors. Directors are not required to be residents of this state or shareholders of the corporation unless its articles of incorporation or bylaws so require.

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Legislative History

Enacted by Chapter 16, 1981 General Session

Nearby Sections

15
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Bluebook (online)
Utah § 7-3-30, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/7-3-30.