by Goodman Law Group | Jan 2, 2022
Title 7 – Corporations and Associations Article 127 – Membersβ Meetings and Voting Meetings by telecommunication Unless otherwise provided in the bylaws, any or all of the members may participate in an annual, regular, or special meeting of the members by,...
by Goodman Law Group | Jan 2, 2022
Title 7 – Corporations and Associations Article 122 – Incorporation Incorporation 7-122-103. Incorporation(1) A nonprofit corporation is incorporated when the articles of incorporation are filed by the secretary of state or, if a delayed effective date is...
by Goodman Law Group | Jan 2, 2022
Title 7 – Corporations and Associations Article 126 – Members and Memberships Termination, expulsion, or suspension 7-126-302. Termination, expulsion, or suspension(1) Unless otherwise provided by the bylaws, no member of a nonprofit corporation may be...
by Goodman Law Group | Jan 2, 2022
Title 7 – Corporations and Associations Article 126 – Members and Memberships Termination, expulsion, or suspension 7-126-302. Termination, expulsion, or suspension(1) Unless otherwise provided by the bylaws, no member of a nonprofit corporation may be...
by Goodman Law Group | Jan 2, 2022
Title 7 – Corporations and Associations Article 128 – Directors and Officers Liability of directors for unlawful distributions 7-128-403. Liability of directors for unlawful distributions(1) A director who votes for or assents to a distribution made in...
by Goodman Law Group | Jan 2, 2022
Title 7 – Corporations and Associations Article 126 – Members and Memberships Termination, expulsion, or suspension 7-126-302. Termination, expulsion, or suspension(1) Unless otherwise provided by the bylaws, no member of a nonprofit corporation may be...
by Goodman Law Group | Jan 2, 2022
Title 7 – Corporations and Associations Article 126 – Members and Memberships Residential membership – return of consideration – cessation of periodic payments – time limits – effective date (1) Notwithstanding any provision of the...
by Goodman Law Group | Jan 2, 2022
Title 7 – Corporations and Associations Article 126 – Members and Memberships Purchase of memberships Unless otherwise provided by the bylaws, a nonprofit corporation shall not purchase the membership of a member who resigns or whose membership is...
by Goodman Law Group | Jan 2, 2022
Title 7 – Corporations and Associations Article 121 – General Provisions Powers – repeal. (Repealed)
by Goodman Law Group | Jan 2, 2022
Title 7 – Corporations and Associations Article 127 – Membersβ Meetings and Voting Lesser or greater quorum or greater voting requirements 7-127-207. Lesser or greater quorum or greater voting requirements(1) The bylaws may provide for a lesser or a...
by Goodman Law Group | Jan 2, 2022
Title 7 – Corporations and Associations Article 126 – Members and Memberships Creditorβs action against member No proceeding may be brought by a creditor to reach the liability, if any, of a member to the nonprofit corporation unless final judgment has...
by Goodman Law Group | Jan 2, 2022
Title 7 – Corporations and Associations Article 126 – Members and Memberships Transfers 7-126-202. Transfers(1) Unless otherwise provided by the bylaws, no member of a nonprofit corporation may transfer a membership or any right arising therefrom.(2) Where...
