UTAH CODE (Last Updated: January 16, 2015)

§ 7-3-30. Board of directors to manage business -- Residency of directors.

Latest version.

The business and affairs of a corporation conducting a banking business shall be managed by its board of directors. Directors are not required to be residents of this state or shareholders of the corporation unless its articles of incorporation or bylaws so require.

Enacted by Chapter 16, 1981 General Session

                    
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