(1)

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Terms Used In Utah Code 11-13a-104

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Governing board: includes a board of directors. See Utah Code 11-13a-102
  • Quorum: The number of legislators that must be present to do business.
     (1)(a) A majority of the governing board constitutes a quorum for the transaction of governing board business.
     (1)(b) Action by a majority of a quorum constitutes action of the governing board.
(2) The governing board shall hold regular and special meetings as the governing board determines at a location that the governing board determines.
(3)

     (3)(a) The governing board shall ensure that each meeting of the governing board complies with Title 52, Chapter 4, Open and Public Meetings Act.
     (3)(b) Subject to Title 52, Chapter 4, Open and Public Meetings Act, a governing board shall:

          (3)(b)(i) adopt rules of order and procedure to govern a public meeting of the governing board;
          (3)(b)(ii) conduct a public meeting in accordance with the governing board’s rules of order and procedure; and
          (3)(b)(iii) make the governing board’s rules of order and procedure available to the public:

               (3)(b)(iii)(A) at each meeting of the governing board; and
               (3)(b)(iii)(B) on the governmental nonprofit corporation‘s public website, if available.