16-10a-205 - Organization of the corporation. - Utah Statutes

16-10a-205. Organization of the corporation.
(1) After incorporation:
(a) if initial directors are named in the articles of incorporation, the initial directors mayhold an organizational meeting, at the call of a majority of the directors, to complete theorganization of the corporation by appointing officers, adopting bylaws, and carrying on any otherbusiness brought before the meeting; or
(b) if initial directors are not named in the articles of incorporation, then until directors areelected, the incorporator or incorporators may hold an organizational meeting at the call of amajority of the incorporators to do whatever is necessary and proper to complete the organizationof the corporation, including the election of directors and officers and the adoption andamendment of bylaws.
(2) Action required or permitted by this chapter to be taken by incorporators at anorganizational meeting may be taken without a meeting if the action taken is evidenced by one ormore written consents describing the action taken and signed by each incorporator.
(3) An organizational meeting may be held in or out of this state.

Enacted by Chapter 277, 1992 General Session