State Codes and Statutes

Statutes > Utah > Title-16 > Chapter-16 > 16-16-116

16-16-116. Dual capacity.
A person may have both a patron member's interest and an investor member's interest. When such person acts as a patron member, the person is subject to this chapter and the organicrules governing patron members. When such person acts as an investor member, the person issubject to this chapter and the organic rules governing investor members.

Enacted by Chapter 363, 2008 General Session

State Codes and Statutes

Statutes > Utah > Title-16 > Chapter-16 > 16-16-116

16-16-116. Dual capacity.
A person may have both a patron member's interest and an investor member's interest. When such person acts as a patron member, the person is subject to this chapter and the organicrules governing patron members. When such person acts as an investor member, the person issubject to this chapter and the organic rules governing investor members.

Enacted by Chapter 363, 2008 General Session