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Code · Utah · Title 16 — Corporations · Chapter 6A

16-6a-604. Consideration.

39 words·~1 min read·/ut/title-16/chapter-6a/16-6a-604

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16-6a-604. Consideration.
Unless otherwise provided by the bylaws, a nonprofit corporation may admit members:
(1)for no consideration; or
(2)for such consideration as is determined by the board of directors.
Enacted by Chapter 300 , 2000 General Session
★   the supreme law of the land   ★
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