Utah Code § 76-10-709

Current through the 2024 Fourth Special Session
Section 76-10-709 - Presumption of director's knowledge of affairs

Every director of a corporation or joint stock association is deemed to possess a knowledge of the affairs of his corporation as to enable him to determine whether any act, proceeding, or omission of its directors is a violation of this part.

Utah Code § 76-10-709

Amended by Chapter 20, 1995 General Session