Utah Statutes

§ 76-16-202 — Presumption of director's knowledge of affairs.

Utah·Title 76 Utah Criminal Code·Ch. 76-16 Offenses Concerning Business Practices·Part 76-16-2 Corporation and Association Offenses
A director of a corporation or joint stock association is deemed to possess a knowledge of the affairs of the corporation or association so as to enable the director to determine whether an act, proceeding, or omission of the corporation's or association's directors is a violation of this part.

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Legislative History

Renumbered and Amended by Chapter 173, 2025 General Session

Nearby Sections

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