Utah Code § 3-1-13.4
This is the official text of Utah Code § 3-1-13.4, part of Utah’s Code — part of the compiled statutory law of Utah, published by the state as "Code." Browse the sections below, each linked to its official government source.
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§ 3-1-13.4. Indemnification of officers, directors, employees, fiduciaries, and agents.
Official statutory text
(1) The association shall have the same powers, rights, and obligations and shall be subject to the same liabilities as apply to corporations for profit as set forth in Sections 16-10a-901 through 16-10a-909. (2) (a) Association directors, officers, employees, fiduciaries, and agents shall have the same rights of indemnification as directors, officers, employees, fiduciaries, and agents, respectively, of corporations for profit as set forth in Sections 16-10a-901 through 16-10a-909. (b) A reference in Sections 16-10a-901 through 16-10a-909: (i) to shareholders shall be construed to refer to voting members or shareholders for the purpose of this section; and (ii) to corporations shall be construed to refer to associations.
Status: in_force · Read it on the official government site
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