16-16-817. Committees.
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/ut/title-16/chapter-16/16-16-817·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
16-16-817. Committees.
(1)Unless the organic rules otherwise provide, a board of directors may create one or more committees and appoint one or more individuals to serve on a committee.
(2)Unless the organic rules otherwise provide, an individual appointed to serve on a committee of a limited cooperative association need not be a director or member.
(3)An individual who is not a director and is serving on a committee has the same rights, duties, and obligations as a director serving on the committee.
(4)Unless the organic rules otherwise provide, each committee of a limited cooperative association may exercise the powers delegated to it by the board of directors, but a committee may not:
(a)approve allocations or distributions except according to a formula or method prescribed by the board of directors;
(b)approve or propose to members action requiring approval of members; or
(c)fill vacancies on the board of directors or any of its committees.
Enacted by Chapter 363 , 2008 General Session