Current with legislation effective through 5/2/2024
Section 16-6a-1014 - Amendment terminating members or redeeming or canceling memberships(1) An amendment to the articles of incorporation or bylaws of a nonprofit corporation shall meet the requirements of this chapter and this section if the amendment would: (a) terminate all members or any class of members; or(b) redeem or cancel all memberships or any class of memberships.(2) Before adopting a resolution proposing an amendment as described in Subsection (1), the board of directors of a nonprofit corporation shall give notice of the general nature of the amendment to the members.Enacted by Chapter 300, 2000 General Session.