Utah § 76-16-203 Presumption of director's concurrence in action if present at meeting -- Exception.

Utah Statutes

§ 76-16-203 — Presumption of director's concurrence in action if present at meeting -- Exception.

Utah § 76-16-203

Title 76Utah Criminal Code

Ch. 76-16Offenses Concerning Business Practices

Part 76-16-2Corporation and Association Offenses

This text of Utah § 76-16-203 (Presumption of director's concurrence in action if present at meeting -- Exception.) 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. § 76-16-203 (2026).

Text

(1)Except as provided in Subsection (2), a director of a corporation or joint stock association who is present at a meeting of the directors at which an act, proceeding, or omission of the directors in violation of this part occurs is deemed to have concurred in the act, proceeding, or omission.

(2)A director is not deemed to have concurred in an act, proceeding, or omission of the directors if, at the time of the act, proceeding, or omission, the director:

(2)(a) causes, or in writing requires, the director's dissent from the act, proceeding, or omission to be entered in the minutes of the directors; or

(2)(b) forwards the director's dissent by registered mail to the secretary of the corporation immediately after the adjournment of the meeting.

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(1) Except as provided in Subsection (2), a director of a corporation or joint stock association who is present at a meeting of the directors at which an act, proceeding, or omission of the directors in violation of this part occurs is deemed to have concurred in the act, proceeding, or omission.
(2) A director is not deemed to have concurred in an act, proceeding, or omission of the directors if, at the time of the act, proceeding, or omission, the director:
(2)(a) causes, or in writing requires, the director's dissent from the act, proceeding, or omission to be entered in the minutes of the directors; or
(2)(b) forwards the director's dissent by registered mail to the secretary of the corporation immediately after the adjournment of the meeting.