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Utah Code Title 16. Corporations § 16-6a-1419. Deposit with state treasurer

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

Assets of a dissolved nonprofit corporation that are to be transferred to a creditor, claimant, or member of the nonprofit corporation shall be reduced to cash and deposited with the state treasurer in accordance with Title 67, Chapter 4a, Revised Uniform Unclaimed Property Act, if the creditor, claimant, or member:

(1) cannot be found;  or

(2) is not legally competent to receive the assets.

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Cite this article: FindLaw.com - Utah Code Title 16. Corporations § 16-6a-1419. Deposit with state treasurer - last updated May 05, 2022 | https://codes.findlaw.com/ut/title-16-corporations/ut-code-sect-16-6a-1419/

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