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Form a Business

Consideration.

Utah Code § 16-6a-604
in effect
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16-6a-604. Consideration. Unless otherwise provided by the bylaws, a nonprofit corporation may admit members: (1) for no consideration; or (2) for such consideration as is determined by the board of directors. Enacted by Chapter 300, 2000 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title16/Chapter6A/16-6a-S604.html?v=C16-6a-S604_1800010118000101Fetched: 10/26/2026

Starting a business in Utah? Utah LLC guide: costs and requirements