Utah § 3-1-10 - Members -- Qualifications and liabilities -- Voting rights.
Full text of Utah Utah Code § 3-1-10 — Members -- Qualifications and liabilities -- Voting rights., with citation guidance and answers to common questions.
§ 3-1-10. Members -- Qualifications and liabilities -- Voting rights.
3-1-10.
Members -- Qualifications and liabilities -- Voting rights.
(1)
As used in this section, "patronage" means business or services transacted or performed by a member or shareholder with an association.
(2)
(a)
An association may only have as members or issue common stock to:
(i)
current producers of agricultural products;
(ii)
tenants and landlords receiving a share of the crop; and
(iii)
cooperative associations of those producers.
(b)
The incorporators named in the articles shall be members of the association, and shall pay the same amount and in the same manner for their membership or stock as do other members.
(3)
A stockholder may not hold more than one share of the common voting stock.
(4)
(a)
Under the terms and conditions prescribed in the bylaws, a member shall lose his or her membership if that member no longer qualifies for membership under this section.
(b)
Despite termination of membership under Subsection (4)(a), the former member shall remain subject to any liability he or she incurs while a member of the association.
(5)
A member is not personally liable for any debt or liability of the association.
(6)
(a)
(i)
A member or stockholder is entitled to:
(A)
one vote based on the amount of stock or membership capital owned; and
(B)
additional votes, if the bylaws provide that a member or shareholder is entitled to more than one vote based on actual patronage of the association.
(ii)
A vote may not be cast by proxy, unless the member is a corporation, in which case its vote may be cast by an authorized representative.
(b)
(i)
The bylaws of an association may provide that a member may vote by signed ballot.
(ii)
The member's signature on a ballot shall be notarized by a notary public before the ballot can be counted in any election.
Section 3-1-10 ("Members -- Qualifications and liabilities -- Voting rights.") is part of the Utah Code, the codified statutory law of Utah. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Utah § 3-1-10?
A common citation format is "Utah Code § 3-1-10" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Utah law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.
How does Utah § 3-1-10 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.
