31A-7-305.   Supervision of management changes.
     Subsections 31A-5-410 (1) (a) and 31A-5-410 (3) apply to supervision and management changes in corporations organized and operating under this chapter. If a trustee is removed from the board of trustees in the manner specified under Subsection 31A-7-303 (6), the action shall be reported to the commissioner within ten days of the removal.

Amended by Chapter 91, 1987 General Session
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Last revised: Thursday, May 28, 2009