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Authorization of dissolution prior to issuance of shares.

Utah Code § 16-10a-1401
in effect
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16-10a-1401. Authorization of dissolution prior to issuance of shares. If a corporation has not yet issued shares, a majority of its directors, or if no directors have been elected or if elected directors are no longer serving, a majority of its incorporators may authorize the dissolution of the corporation. Enacted by Chapter 277, 1992 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title16/Chapter10A/16-10a-S1401.html?v=C16-10a-S1401_1800010118000101Fetched: 10/26/2026

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