{
The
}
Notwithstanding Section 48-2a-102, the
name of a limited
cooperative association must contain the words "limited
409
cooperative association" or "limited cooperative" or the abbreviation "L.C.A." or "LCA".
410
"Limited" may be abbreviated as "Ltd.". "Cooperative" may be abbreviated as "Co-op" or
2. Page
25, Line 771 through Page 26, Line 775
:
771
(3) The first annual report must be delivered to the division between January 1 and
772
April 1 of the year following the calendar year in which the limited cooperative
association is
773
formed or the foreign cooperative is authorized to transact business in this state.
{
An
}
For subsequent years, an
annual
774
report must be delivered to the division
{
between January 1 and April 1 of each
subsequent
775
calendar year
}
during the month in which falls the anniversary of the limited
cooperative association's organization or the foreign cooperative's authorization to
transact business
.
MOTION: Sen. Hickman moved to adopt the amendments.
The motion passed unanimously with Sens. Davis, Eastman, and Walker absent for the vote.
Steven Johnson, attorney, Co-operatives, and Randon Wilson, attorney, Utah Co-op
Council, further explained and spoke in support of the bill.
MOTION: Sen. Hickman moved to pass the bill out favorably as amended.
The motion passed unanimously with Sen. Eastman absent for the vote.
3. S.B. 165 Alcoholic Beverage Single Event Permits (S. McCoy)
Sen. McCoy introduced the bill.
MOTION: Sen. Walker moved to pass the bill out favorably.
The motion passed unanimously.
Sen. Niederhauser assumed the Committee Chair.
4. S.B. 143 Insurance Financial Requirements (K. VanTassell)
Sen. VanTassell introduced the bill.
Jacob Garn, chief examiner, Utah Insurance Department, further explained the bill.
MOTION: Sen. Hickman moved to pass the bill out favorably.
The motion passed unanimously.
Chair VanTassell resumed the Committee Chair.
5. H.J.R. 2 Resolution Encouraging Manufactured and Mobile Home Parks as
Affordable Housing (B. Hendrickson)