Presumption of director's knowledge of affairs.
Utah Code § 76-16-202
in effect76-16-202. Presumption of director's knowledge of affairs.
A director of a corporation or joint stock association is deemed to possess a knowledge of the affairs of the corporation or association so as to enable the director to determine whether an act, proceeding, or omission of the corporation's or association's directors is a violation of this part.
Renumbered and Amended by Chapter 173, 2025 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title76/Chapter16/76-16-S202.html?v=C76-16-S202_2025050720250507Fetched: 10/26/2026
