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Utah Code Title 3. Uniform Agricultural Cooperative Association Act § 3-1-30. Authorization for merger or consolidation with other associations or corporations--Laws governing surviving or new corporation

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

(1) Pursuant to a plan approved under this chapter, an agricultural cooperative association may merge or consolidate with:

(a) one or more agricultural cooperative associations;

(b) one or more domestic corporations governed by:

(i) Title 16, Chapter 10a, Utah Revised Business Corporation Act;  or

(ii) Title 16, Chapter 6a, Utah Revised Nonprofit Corporation Act;  or

(c) any combination of associations or corporations referred to in Subsection (1)(a) or (b).

(2) The surviving or new corporation shall be governed by:

(a) the Uniform Agricultural Cooperative Association Act;  or

(b) Title 16, Chapter 6a, Utah Revised Nonprofit Corporation Act.

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Cite this article: FindLaw.com - Utah Code Title 3. Uniform Agricultural Cooperative Association Act § 3-1-30. Authorization for merger or consolidation with other associations or corporations--Laws governing surviving or new corporation - last updated May 05, 2022 | https://codes.findlaw.com/ut/title-3-uniform-agricultural-cooperative-association-act/ut-code-sect-3-1-30/

Read this complete Utah Code Title 3. Uniform Agricultural Cooperative Association Act § 3-1-30. Authorization for merger or consolidation with other associations or corporations--Laws governing surviving or new corporation on Westlaw

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