Section 16-6a-809 - [Effective 7/1/2024] Removal of directors by judicial proceeding(1)(a) A court may remove a director , in an action brought by the nonprofit corporation or by voting members holding at least 10% of the votes entitled to be cast in the election of the director's successor, if the court finds that:(i) the director engaged in:(A) fraudulent or dishonest conduct; or(B) gross abuse of authority or discretion with respect to the nonprofit corporation; or(ii)(A) a final judgment has been entered finding that the director has violated a duty set forth in Section 16-6a-822; and(B) removal is in the best interests of the nonprofit corporation. (2) The court that removes a director may bar the director for a period prescribed by the court from:(3) If voting members commence a proceeding under Subsection (1), the voting members shall make the nonprofit corporation a party defendant.(4) A director who is removed pursuant to this section may deliver to the division for filing a statement to that effect pursuant to Section 16-6a-1608.Amended by Chapter 401, 2023 General Session ,§ 15, eff. 7/1/2024.Amended by Chapter 9, 2001 General Session
Amended by Chapter 127, 2001 General Session.This section is set out more than once due to postponed, multiple, or conflicting amendments.