16-6a-706 - Record date -- Determining members entitled to notice and vote. - Utah Statutes

16-6a-706. Record date -- Determining members entitled to notice and vote.
(1) (a) The bylaws may fix or provide the manner of fixing a date as the record date fordetermining the members entitled to notice of a members' meeting.
(b) If the bylaws do not fix or provide for fixing a record date described in Subsection(1)(a), the board of directors may fix a future date as the record date.
(c) If a record date is not fixed in accordance with Subsection (1)(a) or (b), membersentitled to notice of the meeting are the members of the nonprofit corporation:
(i) at the close of business on the business day preceding the day on which notice isgiven; or
(ii) if notice is waived, at the close of business on the business day preceding the day onwhich the meeting is held.
(2) (a) The bylaws may fix or provide the manner of fixing a date as the record date fordetermining the members entitled to vote at a members' meeting.
(b) If the bylaws do not fix or provide for fixing a record date described in Subsection(2)(a), the board may fix a future date as the record date.
(c) If a record date is not fixed in accordance with Subsection (2)(a) or (b), membersentitled to vote at the meeting are the members of the nonprofit corporation:
(i) on the date of the meeting; and
(ii) who are otherwise eligible to vote.
(3) (a) The bylaws may fix or provide the manner for determining a date as the recorddate for the purpose of determining the members entitled to exercise any rights in respect of anyother lawful action.
(b) If the bylaws do not fix or provide for fixing a record date described in Subsection(3)(a), the board of directors may fix a future date as the record date.
(c) If a record date is not fixed in accordance with Subsection (3)(a) or (b), membersentitled to exercise the right are members of the nonprofit corporation at the later of:
(i) the close of business on the day on which the board adopts the resolution relating tothe exercise of the right; or
(ii) the close of business on the 60th day before the date of the exercise of the right.
(4) A record date fixed under this section may not be more than 70 days before themeeting or action requiring a determination of members occurs.
(5) (a) A determination of members entitled to notice of or to vote at a meeting ofmembers is effective for any adjournment of the meeting unless the board of directors fixes a newdate for determining the right to notice or the right to vote.
(b) The board of directors shall fix a new date for determining the right to notice or theright to vote if the meeting is adjourned to a date more than 120 days after the record date fordetermining members entitled to notice of the original meeting.
(6) If a court orders a meeting adjourned to a date more than 120 days after the date fixedfor the original meeting, the court may:
(a) provide that the original record date for notice or voting continues in effect; or
(b) fix a new record date for notice or voting.

Amended by Chapter 197, 2002 General Session