Code · Utah · Title 16 — Corporations · Chapter 16

16-16-512. Determination of voting power of patron member.

86 words·~1 min read·/ut/title-16/chapter-16/16-16-512

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)The organic rules may allocate voting power among patron members on the basis of one or a combination of the following:

(a)one member, one vote;

(b)use or patronage;

(c)equity; or

(d)if a patron member is a cooperative, the number of its patron members.

(2)The organic rules may provide for the allocation of patron member voting power by districts or class, or any combination thereof.

Enacted by Chapter 363 , 2008 General Session