16-16-601. Member's interest.
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/ut/title-16/chapter-16/16-16-601A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
16-16-601. Member's interest.
A member's interest:
(1)is personal property;
(2)consists of:
(a)governance rights;
(b)financial rights; and
(c)the right or obligation, if any, to do business with the limited cooperative association; and
(3)may be in certificated or uncertificated form.
Enacted by Chapter 363 , 2008 General Session