State Codes and Statutes

Statutes > Utah > Title-07 > Chapter-07 > 7-7-8

7-7-8. Reorganization, merger or consolidation of association.
Under a plan adopted by the board of directors and approved by the commissioner, anassociation may reorganize or merge or consolidate with any other corporation or financialinstitution. The corporate continuity of the resulting corporation shall possess the same incidentsas that of a converted institution which has converted in accordance with this chapter.

Amended by Chapter 5, 1984 Special Session 2

State Codes and Statutes

Statutes > Utah > Title-07 > Chapter-07 > 7-7-8

7-7-8. Reorganization, merger or consolidation of association.
Under a plan adopted by the board of directors and approved by the commissioner, anassociation may reorganize or merge or consolidate with any other corporation or financialinstitution. The corporate continuity of the resulting corporation shall possess the same incidentsas that of a converted institution which has converted in accordance with this chapter.

Amended by Chapter 5, 1984 Special Session 2