State Codes and Statutes

Statutes > Utah > Title-03 > Chapter-01 > 3-1-7

3-1-7. Amendments to articles of incorporation.
(1) An association may amend its articles of incorporation by the affirmative vote of amajority of the members voting at:
(a) a regular meeting; or
(b) a special meeting called for that purpose.
(2) Written notice of the proposed amendment and of the time and place of the meetingshall be provided to the members of the association by any one of the following procedures:
(a) by mail at the last-known address at least 10 days prior to the meeting;
(b) by personal delivery at least 10 days prior to the meeting; or
(c) by publication not less than 10 days or more than 60 days prior to the meeting:
(i) in a periodical published by or for the association, to which substantially all of itsmembers are subscribers or;
(ii) in a newspaper or newspapers whose combined circulation is general in the territoryin which the association operates; and
(iii) as required in Section 45-1-101.
(3) In addition to one of the means set forth in Subsection (2), the association may givenotice by any method established pursuant to the articles of incorporation or bylaws of theassociation.
(4) The bylaws may require that the notice period be longer than 10 days.
(5) An amendment affecting the preferential rights of any outstanding preferred stockmay not be adopted until the written consent of the holders of a majority of the outstandingpreference shares has been obtained.
(6) After an amendment has been adopted, articles of amendment shall be:
(a) prepared, in duplicate, setting forth the amendment and the fact of the adoption;
(b) signed and acknowledged by the president, chair, vice president, or vice chair and bythe secretary or treasurer; and
(c) filed in the same manner as the original articles of incorporation.

Amended by Chapter 388, 2009 General Session