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Corporations | |
Utah Revised Nonprofit Corporation Act | |
Section 205 | Organization of the corporation. |
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16-6a-205. Organization of the corporation. (1) After incorporation: (a) if initial directors are named in the articles of incorporation, the initial directors may hold an organizational meeting, at the call of a majority of the initial directors, to complete the organization of the nonprofit corporation by: (i) appointing officers; (ii) adopting bylaws, if desired; and (iii) carrying on any other business brought before the meeting; or (b) if initial directors are not named in the articles of incorporation, until directors are elected, the incorporators may hold an organizational meeting at the call of a majority of the incorporators to do whatever is necessary and proper to complete the organization of the nonprofit corporation, including: (i) the election of directors and officers; (ii) the appointment of members; and (iii) the adoption and amendment of bylaws. (2) Action required or permitted by this chapter to be taken by incorporators at an organizational meeting may be taken without a meeting if the action taken is evidenced by one or more written consents that: (a) describe the action taken; and (b) are signed by each incorporator. (3) An organizational meeting may be held in or out of this state.
Enacted by Chapter 300, 2000 General Session |
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