State Codes and Statutes

Statutes > Utah > Title-16 > Chapter-06a > 16-6a-604

16-6a-604. Consideration.
Unless otherwise provided by the bylaws, a nonprofit corporation may admit members:
(1) for no consideration; or
(2) for such consideration as is determined by the board of directors.

Enacted by Chapter 300, 2000 General Session

State Codes and Statutes

Statutes > Utah > Title-16 > Chapter-06a > 16-6a-604

16-6a-604. Consideration.
Unless otherwise provided by the bylaws, a nonprofit corporation may admit members:
(1) for no consideration; or
(2) for such consideration as is determined by the board of directors.

Enacted by Chapter 300, 2000 General Session