| (1) |
A filing under this chapter shall be effective for a period of three years from the date of filing plus the notice period provided in Subsection (2). |
Terms Used In Utah Code 16-15-107
- Division: means the Division of Corporations and Commercial Code. See Utah Code 16-15-102
- 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) |
| (a) |
If no new filing is made by or on behalf of the trust who made the original filing within three years of the date of filing, the division shall send a notice by regular mail, postage prepaid, to the address shown for the registered office in the filing indicating that it will expire 30 days after the division mailed the notice. |
| (b) |
If no new filing is made within 30 days after the date of the division mailing the notice, the business trust’s registration expires. |
|
| (3) |
If the registration of a business trust has expired or has been canceled for failure to maintain a registered agent, the business trust may not conduct business in this state until it has newly registered with the division under this chapter. |
| (4) |
The division may charge a fee in accordance with Section 63J-1-504 for the renewal of a registration. |
Amended by Chapter 183, 2009 General Session
