State Codes and Statutes
Statutes > Utah > Title-16 > Chapter-16 > 16-16-81916-16-819. Conflict of interest.
(1) The law applicable to conflicts of interest between a director of an entity organizedunder Title 3, Uniform Agricultural Cooperative Association Act, governs conflicts of interestbetween a limited cooperative association and a director or member of a committee of the boardof directors.
(2) A director does not have a conflict of interest under this chapter or the organic rulessolely because the director's conduct relating to the duties of the director may further thedirector's own interest.
Enacted by Chapter 363, 2008 General Session
