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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) An association shall keep as permanent records:
(a) minutes of meetings of its members and board of directors;
(b) a record of each action taken by the consent of the members or board of directors without a meeting;
(c) a record of each action taken on behalf of the association by a committee of the board of directors in place of the board of directors; and
(d) a record of waivers of notices of meetings of members, board of directors, or committees of the board of directors.
(2) An association shall maintain:
(a) appropriate accounting records; and
(b) a record of the names and addresses of its members and shareholders.
(3) An association shall maintain its records in written form or in a form capable of being converted into written form within a reasonable time.
(4) An association shall keep a copy of the following records at its principal office:
(a) its most current articles of incorporation;
(b) its most current bylaws;
(c) the minutes of meetings of members, board of directors, and committees for the past three years;
(d) a list of the names and business addresses of its current officers and directors;
(e) its most recent annual reports delivered to the division as provided under Section 3-1-25; and
(f) financial statements prepared for periods ending during the last three years.
Cite this article: FindLaw.com - Utah Code Title 3. Uniform Agricultural Cooperative Association Act § 3-1-42. Association's records - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-3-uniform-agricultural-cooperative-association-act/ut-code-sect-3-1-42/
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.
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