Skip to main content
Find a Lawyer

Utah Code Title 3. Uniform Agricultural Cooperative Association Act § 3-1-13.4. Indemnification of officers, directors, employees, fiduciaries, and agents

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

(1) The association shall have the same powers, rights, and obligations and shall be subject to the same liabilities as apply to corporations for profit as set forth in Sections 16-10a-901 through 16-10a-909.

(2)(a) Association directors, officers, employees, fiduciaries, and agents shall have the same rights of indemnification as directors, officers, employees, fiduciaries, and agents, respectively, of corporations for profit as set forth in Sections 16-10a-901 through 16-10a-909.

(b) A reference in Sections 16-10a-901 through 16-10a-909:

(i) to shareholders shall be construed to refer to voting members or shareholders for the purpose of this section; and

(ii) to corporations shall be construed to refer to associations.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Utah Code Title 3. Uniform Agricultural Cooperative Association Act § 3-1-13.4. Indemnification of officers, directors, employees, fiduciaries, and agents - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-3-uniform-agricultural-cooperative-association-act/ut-code-sect-3-1-13-4/

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 before relying on it for your legal needs.

Was this helpful?

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)

Copied to clipboard