Skip to main content
Find a Lawyer

Utah Code Title 16. Corporations § 16-6a-1418. Dissolution upon expiration of period of duration

Current as of May 05, 2022 | Updated by FindLaw Staff

(1) A nonprofit corporation shall be dissolved upon and by reason of the expiration of its period of duration, if any, stated in its articles of incorporation.

(2) For purposes of this section:

(a) a provision in the articles of incorporation is considered a provision for a period of duration if it is to the effect that the nonprofit corporation or its existence shall be terminated:

(i) at a specified date;

(ii) after a stated period of time;

(iii) upon a contingency;  or

(iv) any event similar to those described in Subsections (2)(a)(i) through (iii);  and

(b) the following shall be considered to be the expiration of the nonprofit corporation's period of duration:

(i) the occurrence of the specified date;

(ii) the expiration of the stated period of time;

(iii) the occurrence of the contingency;  or

(iv) the satisfaction of the provision described in Subsection (2)(a)(iv).

Back to chapter list
Previous part of code Next part of code
Back to chapter list

Cite this article: FindLaw.com - Utah Code Title 16. Corporations § 16-6a-1418. Dissolution upon expiration of period of duration - last updated May 05, 2022 | https://codes.findlaw.com/ut/title-16-corporations/ut-code-sect-16-6a-1418/

Read this complete Utah Code Title 16. Corporations § 16-6a-1418. Dissolution upon expiration of period of duration on Westlaw

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

Was this helpful?

Search all Utah Codes

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About the Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to find an attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

    More Options
    Copied to clipboard