31A-5-503. Merger and consolidation of mutuals.
52 words·~1 min read·
/ut/title-31a/chapter-5/31a-5-503·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
31A-5-503. Merger and consolidation of mutuals.
Any two or more mutuals may merge or consolidate, under the procedures set forth under Title 16, Chapter 6a, Utah Revised Nonprofit Corporation Act . All mergers of mutuals are subject to Chapter 16, Insurance Holding Companies .
Amended by Chapter 300 , 2000 General Session