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Code · Utah · Title 16 — Corporations · Chapter 16

16-16-809. Vacancy on board.

169 words·~1 min read·/ut/title-16/chapter-16/16-16-809

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16-16-809. Vacancy on board.
(1)Unless the organic rules otherwise provide, a vacancy on the board of directors shall be filled:
(a)within a reasonable time by majority vote of the remaining directors until the next annual members meeting or a special meeting of members called to fill the vacancy; and
(b)for the unexpired term by members at the next annual members meeting or a special meeting of members called to fill the vacancy.
(2)Unless the organic rules otherwise provide, if a vacating director was elected or appointed by a class of members or a district:
(a)the new director shall be of that class or district; and
(b)the selection of the director for the unexpired term shall be conducted in the same manner as would the selection for that position without a vacancy.
(3)If a member appointed a vacating director, the organic rules may provide for that member to appoint a director to fill the vacancy.
Amended by Chapter 378 , 2010 General Session
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