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Utah Code Title 16. Corporations § 16-16-512. Determination of voting power of patron member

Current as of January 01, 2025 | Updated by Findlaw Staff

(1) The organic rules may allocate voting power among patron members on the basis of one or a combination of the following:

(a) one member, one vote;

(b) use or patronage;

(c) equity; or

(d) if a patron member is a cooperative, the number of its patron members.

(2) The organic rules may provide for the allocation of patron member voting power by districts or class, or any combination thereof.

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Cite this article: FindLaw.com - Utah Code Title 16. Corporations § 16-16-512. Determination of voting power of patron member - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-16-corporations/ut-code-sect-16-16-512/

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