16-6a-801 - Requirement for board of directors. - Utah Statutes

16-6a-801. Requirement for board of directors.
(1) A nonprofit corporation shall have a board of directors.
(2) (a) Except as provided in this chapter or Subsection (2)(b), all corporate powers shallbe exercised by or under the authority of, and the business and affairs of the nonprofit corporationmanaged under the direction of, the board of directors.
(b) (i) The articles of incorporation may authorize one or more persons to exercise someor all of the powers that would otherwise be exercised by the board of directors.
(ii) To the extent the articles of incorporation authorize a person other than the board ofdirectors to have the authority and perform a duty of the board of directors, the directors shall berelieved to that extent from such authority and duty.
(3) The board of directors may be divided into classes, each with such respective rightsand duties as the articles of incorporation or bylaws may provide.
(4) The board of directors and the directors may be known by any other name designatedin the bylaws.

Enacted by Chapter 300, 2000 General Session