Utah § 61-6-10 - Voting rights -- Approval.

Full text of Utah Utah Code § 61-6-10 — Voting rights -- Approval., with citation guidance and answers to common questions.

§ 61-6-10. Voting rights -- Approval.

61-6-10.  Voting rights -- Approval.
(1) Control shares acquired in a control share acquisition have the same voting rights as were accorded the shares before the control share acquisition only to the extent granted by resolution approved by the shareholders of the issuing public corporation.
(2) To be approved under this section, the resolution shall be approved:
(a) by each voting group entitled to vote separately on the proposal by a majority of all the votes entitled to be cast by that group, excluding all interested shares; and
(b) by each class of outstanding shares by a majority of all the holders of the outstanding shares of the class, if the proposed control share acquisition would, when fully implemented, result in any of the changes described in Section 16-10a-1004.


Amended by Chapter 277, 1992 General Session

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Frequently Asked Questions About Utah § 61-6-10

What does Utah Code § 61-6-10 cover?

Section 61-6-10 ("Voting rights -- Approval.") 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 § 61-6-10?

A common citation format is "Utah Code § 61-6-10" (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 § 61-6-10 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.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Utah.