Utah Code 16-16-115. Business transactions of member with limited cooperative association
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Terms Used In Utah Code 16-16-115
- Contract: A legal written agreement that becomes binding when signed.
Subject to Sections 16-16-818 and 16-16-819 and except as otherwise provided in the organic rules or a specific contract relating to a transaction, a member may lend money to and transact other business with a limited cooperative association in the same manner as a person that is not a member.
Enacted by Chapter 363, 2008 General Session