State Codes and Statutes

Statutes > Utah > Title-07 > Chapter-03 > 7-3-30

7-3-30. Board of directors to manage business -- Residency of directors.
The business and affairs of a corporation conducting a banking business shall be managedby its board of directors. Directors are not required to be residents of this state or shareholders ofthe corporation unless its articles of incorporation or bylaws so require.

Enacted by Chapter 16, 1981 General Session

State Codes and Statutes

Statutes > Utah > Title-07 > Chapter-03 > 7-3-30

7-3-30. Board of directors to manage business -- Residency of directors.
The business and affairs of a corporation conducting a banking business shall be managedby its board of directors. Directors are not required to be residents of this state or shareholders ofthe corporation unless its articles of incorporation or bylaws so require.

Enacted by Chapter 16, 1981 General Session