31A-5-401.1 - Definitions. - Utah Statutes

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Statutes > Utah > Title-31a > Chapter-05 > 31a-5-401-1

31A-5-401.1. Definitions.
As used in this Part 4:
(1) "Voting members of mutuals" and "voting members" mean persons entitled to vote atannual or special meetings of the members of a mutual, as set forth in the articles ofincorporation or amendments to the articles.
(2) Voting members of mutuals and voting members do not necessarily includepolicyholders of the mutual, if the articles of incorporation or amendments to the articles ofincorporation so provide, and if the articles of incorporation or amendments have been approvedby the commissioner after a hearing.

Amended by Chapter 90, 2004 General Session

State Codes and Statutes

Statutes > Utah > Title-31a > Chapter-05 > 31a-5-401-1

31A-5-401.1. Definitions.
As used in this Part 4:
(1) "Voting members of mutuals" and "voting members" mean persons entitled to vote atannual or special meetings of the members of a mutual, as set forth in the articles ofincorporation or amendments to the articles.
(2) Voting members of mutuals and voting members do not necessarily includepolicyholders of the mutual, if the articles of incorporation or amendments to the articles ofincorporation so provide, and if the articles of incorporation or amendments have been approvedby the commissioner after a hearing.

Amended by Chapter 90, 2004 General Session

State Codes and Statutes

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State Codes and Statutes

Statutes > Utah > Title-31a > Chapter-05 > 31a-5-401-1

31A-5-401.1. Definitions.
As used in this Part 4:
(1) "Voting members of mutuals" and "voting members" mean persons entitled to vote atannual or special meetings of the members of a mutual, as set forth in the articles ofincorporation or amendments to the articles.
(2) Voting members of mutuals and voting members do not necessarily includepolicyholders of the mutual, if the articles of incorporation or amendments to the articles ofincorporation so provide, and if the articles of incorporation or amendments have been approvedby the commissioner after a hearing.

Amended by Chapter 90, 2004 General Session