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Utah Revised Nonprofit Corporation Act

Utah Code Title 16, Chapter 6a

Click here for the current Nonprofit Corporation Act.

The below is not updated with new changes to the law after 2018!

16-6a-611.   No property right.  

(1) A member has no right relating to management, control, purpose, or duration of the nonprofit corporation, except as provided by:
     (a) the articles of incorporation or the bylaws of a mutual benefit corporation; or
     (b) other applicable law.

(2) Unless otherwise provided by agreement, articles of incorporation, or the bylaws of a water company, and subject to the general liabilities and obligations of the water company, a shareholder in a water company has:
     (a) an equitable, beneficial interest in the use of the water supply of the water company, proportionate to the shareholder's shares in the water company, which is an interest in real property; and 
     (b) the right to have the shareholder's proportionate share of the water delivered through a diversion structure, ditch, canal, storage and distribution facility, or other appurtenance of the water company, in accordance with:
     (i) the distribution method of the water company; or
     (ii) an approved change application under Section 73-3-3.5.

Amended 2007, ch. 315. Amended 2015, ch. 240, eff. May 12, 2015, 2017, ch. 358, eff. May 9, 2017.