UTAH CODE (Last Updated: January 16, 2015) |
Title 3. Uniform Agricultural Cooperative Association Act |
Chapter 1. General Provisions Relating to Agricultural Cooperative Associations |
§ 3-1-13.8. Director committees.
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(2) The creation of a committee and appointment of members to it shall be approved by the greater of: (a) a majority of all the directors in office when the action is taken; or (b) the number of directors required by the articles of incorporation or bylaws to take action under Section 3-1-13.6. (3) Sections 3-1-13.2 and 3-1-13.6 shall apply to committees and their members. (4) The board of directors, the articles of incorporation, or the bylaws may provide the scope of the authority that each committee may exercise. (5) The creation of, delegation of authority to, or action by a committee does not alone constitute compliance by a director with the standards of conduct described in Section 3-1-13.3.
Amended by Chapter 378, 2010 General Session