UTAH CODE (Last Updated: January 16, 2015)

§ 7-8-19. Meetings of the board of directors.

Latest version.

(1) A quorum of the board of directors of each industrial bank shall meet at least once each quarter.

(2) Minutes of each meeting of the board of directors shall be:

(a) kept by the secretary of the industrial bank; and

(b) maintained at the head office of the industrial bank.

Amended by Chapter 92, 2004 General Session

                    
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