| (1) |
Terms Used In Utah Code 11-13a-104- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Governing board: includes a board of directors. See Utah Code 11-13a-102
- Quorum: The number of legislators that must be present to do business.
| (a) |
A majority of the governing board constitutes a quorum for the transaction of governing board business. |
| (b) |
Action by a majority of a quorum constitutes action of the governing board. |
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| (2) |
The governing board shall hold regular and special meetings as the governing board determines at a location that the governing board determines. |
| (3) |
| (b) |
Subject to Title 52, Chapter 4, Open and Public Meetings Act, a governing board shall:
| (i) |
adopt rules of order and procedure to govern a public meeting of the governing board; |
| (ii) |
conduct a public meeting in accordance with the governing board’s rules of order and procedure; and |
| (iii) |
make the governing board’s rules of order and procedure available to the public:
| (A) |
at each meeting of the governing board; and |
| (B) |
on the governmental nonprofit corporation‘s public website, if available. |
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| (4) |
The governing board shall comply with:
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Enacted by Chapter 441, 2017 General Session
