16-6a-910 - Notice to voting members of indemnification of director. - Utah Statutes

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Statutes > Utah > Title-16 > Chapter-06a > 16-6a-910

16-6a-910. Notice to voting members of indemnification of director.
(1) If a nonprofit corporation indemnifies or advances expenses to a director under thispart in connection with a proceeding by or in the right of the nonprofit corporation, the nonprofitcorporation shall give written notice of the indemnification or advance to the voting members withor before the notice of the next voting members' meeting.
(2) If the next voting member action after the indemnification or advance is taken withouta meeting at the instigation of the board of directors, the notice shall be given to the votingmembers at or before the time the first voting member signs a writing consenting to the action.

Enacted by Chapter 300, 2000 General Session

State Codes and Statutes

Statutes > Utah > Title-16 > Chapter-06a > 16-6a-910

16-6a-910. Notice to voting members of indemnification of director.
(1) If a nonprofit corporation indemnifies or advances expenses to a director under thispart in connection with a proceeding by or in the right of the nonprofit corporation, the nonprofitcorporation shall give written notice of the indemnification or advance to the voting members withor before the notice of the next voting members' meeting.
(2) If the next voting member action after the indemnification or advance is taken withouta meeting at the instigation of the board of directors, the notice shall be given to the votingmembers at or before the time the first voting member signs a writing consenting to the action.

Enacted by Chapter 300, 2000 General Session

State Codes and Statutes

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State Codes and Statutes

Statutes > Utah > Title-16 > Chapter-06a > 16-6a-910

16-6a-910. Notice to voting members of indemnification of director.
(1) If a nonprofit corporation indemnifies or advances expenses to a director under thispart in connection with a proceeding by or in the right of the nonprofit corporation, the nonprofitcorporation shall give written notice of the indemnification or advance to the voting members withor before the notice of the next voting members' meeting.
(2) If the next voting member action after the indemnification or advance is taken withouta meeting at the instigation of the board of directors, the notice shall be given to the votingmembers at or before the time the first voting member signs a writing consenting to the action.

Enacted by Chapter 300, 2000 General Session