16-16-1405. Noncomplying name of foreign cooperative.
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/ut/title-16/chapter-16/16-16-1405A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 10/1/2026
16-16-1405. Noncomplying name of foreign cooperative.
(a)A foreign cooperative whose name does not comply with Section 16-1a-302 may not obtain a certificate of authority until it adopts, for the purpose of transacting business in this state, an alternative name that complies with Section 16-1a-302 .
(b)A foreign cooperative that adopts an alternative name under this Subsection
(1)and then obtains a certificate of authority with that name need not also comply with Section 42-2-201 .
(c)After obtaining a certificate of authority with an alternative name, a foreign cooperative's business in this state shall be transacted under that name unless the foreign cooperative is authorized under Section 42-2-201 to transact business in this state under another name.
(2)If a foreign cooperative authorized to transact business in this state changes its name to one that does not comply with Section 16-1a-302 , it may not thereafter transact business in this state until it complies with Subsection
(1)and obtains an amended certificate of authority.
Amended by Chapter 92 , 2026 General Session