Utah Code § 16-6a-1014

Amendment terminating members or redeeming or canceling memberships.

Last amended: 2000Year: 2026Length: 83 wordsOfficial source
(1) An amendment to the articles of incorporation or bylaws of a nonprofit corporation shall meet the requirements of this chapter and this section if the amendment would: (a) terminate all members or any class of members; or (b) redeem or cancel all memberships or any class of memberships. (2) Before adopting a resolution proposing an amendment as described in Subsection (1), the board of directors of a nonprofit corporation shall give notice of the general nature of the amendment to the members.
Utah Code § 16-6a-1014: Amendment terminating members or redeeming or canceling memberships. | Justis AI