UTAH CODE (Last Updated: January 16, 2015) |
Title 76. Utah Criminal Code |
Chapter 10. Offenses Against Public Health, Safety, Welfare, and Morals |
Part 7. Corporation Frauds |
§ 76-10-709. Presumption of director's knowledge of affairs.
Latest version.
- Every director of a corporation or joint stock association is deemed to possess a knowledge of the affairs of his corporation as to enable him to determine whether any act, proceeding, or omission of its directors is a violation of this part.
Amended by Chapter 20, 1995 General Session