The law of this state governs:

(1) the internal affairs of a limited cooperative association; and

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Terms Used In Utah Code 16-16-107

  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
(2) the liability of a member as member and a director as director for the debts, obligations, or other liabilities of a limited cooperative association.