Utah Code 16-10a-850. Definitions relating to conflicting interest transactions
Current as of: 2023 | Check for updates
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As used in Sections 16-10a-850 through 16-10a-853:
(1) | “Conflicting interest” with respect to a corporation means the interest a director has respecting a transaction effected or proposed to be effected by the corporation or by any entity in which the corporation has a controlling interest if:
Enacted by Chapter 277, 1992 General Session |