Patron and investor members' interests.
Utah Code § 16-16-602
in effect16-16-602. Patron and investor members' interests.
(1) Unless the organic rules establish investor members' interests, a member's interest is a patron member's interest.
(2) Unless the organic rules otherwise provide, if a limited cooperative association has investor members, while a person is a member of the association, the person:
(a) if admitted as a patron member, remains a patron member;
(b) if admitted as an investor member, remains an investor member; and
(c) if admitted as a patron member and investor member, remains a patron and investor member if not dissociated in one of the capacities.
Enacted by Chapter 363, 2008 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title16/Chapter16/16-16-S602.html?v=C16-16-S602_1800010118000101Fetched: 10/26/2026
