§ 3-1-30. Authorization for merger or consolidation with other associations or corporations -- Laws governing surviving or new corporation.

Latest version.

(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.

Amended by Chapter 300, 2000 General Session

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');