Utah Code 16-6a-1403. Articles of dissolution

(1)

At any time after dissolution is authorized, the nonprofit corporation may dissolve by delivering to the division for filing articles of dissolution setting forth:

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Terms Used In Utah Code 16-6a-1403

Address: includes :

(i)	a post office box number;

(ii)	a rural free delivery route number; and

(iii)

a street name and number. See Utah Code 16-6a-102

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.

Division: means the Division of Corporations and Commercial Code. See Utah Code 16-6a-102

Principal office: means :

(a)

the office, in or out of this state, designated by a domestic or foreign nonprofit corporation as its principal office in the most recent document on file with the division providing that information, including:

(i)	an annual report;

(ii)	an application for a certificate of authority; or

(iii)

a notice of change of principal office; or

(b)

if no principal office can be determined, a domestic or foreign nonprofit corporation's registered office. See Utah Code 16-6a-102

Service of process: The service of writs or summonses to the appropriate party.

Vote: includes authorization by:

(a)	written ballot; and

(b)	written consent. See Utah Code 16-6a-102 Voting group: means all the members of one or more classes of members or directors that, under this chapter, the articles of incorporation, or the bylaws, are entitled to vote and be counted together collectively on a matter. See Utah Code 16-6a-102
(a)	the name of the nonprofit corporation;

(b)

(i)

(A)	the address of the nonprofit corporation’s principal office; or

(B)	if a principal office is not to be maintained, a statement that the nonprofit corporation will not maintain a principal office; and

(ii)	if different from the address of the principal office or if no principal office is to be maintained, the address to which service of process may be mailed pursuant to Section 16-6a-1409;

(c)	the date dissolution was authorized;

(d)	if dissolution was authorized by the directors or the incorporators pursuant to Section 16-6a-1401, a statement to that effect;

(e)	if dissolution was approved by the members pursuant to Section 16-6a-1402, a statement that the number of votes cast for the proposal to dissolve by each voting group entitled to vote separately on the proposal was sufficient for approval by that voting group; and

(f)	any additional information as the division determines is necessary or appropriate.

(2)	A nonprofit corporation is dissolved upon the effective date of its articles of dissolution.

(3)	Articles of dissolution need not be filed by a nonprofit corporation that is dissolved pursuant to Section 16-6a-1418.

Enacted by Chapter 300, 2000 General Session

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