63C-7-209 - Term of the Utah Communications Agency Network -- Dissolution -- Withdrawal. - Utah Statutes

63C-7-209. Term of the Utah Communications Agency Network -- Dissolution --Withdrawal.
(1) (a) The Utah Communications Agency Network may be dissolved by a vote of 3/4 ofall the members of the board or by an act of the Legislature.
(b) Title to all assets of the Utah Communications Agency Network upon its dissolutionshall revert to the members and the state pro rata, based upon the total amount of money paid tothe Utah Communications Agency Network by each member or the state for services provided toeach by the communications network.
(c) The board is authorized to:
(i) take any necessary action to dissolve the Utah Communications Agency Network; and
(ii) dispose of the property of the Utah Communications Agency Network upon itsdissolution as provided in Subsection (1)(b).
(2) (a) Each member may, at any time, withdraw as a member of the UtahCommunications Agency Network by delivering to the executive committee a written notice ofwithdrawal which has been approved by the governing body of the member, except that amember may not withdraw from the Utah Communications Agency Network at any time duringwhich it has an outstanding payment obligation to the Utah Communications Agency Network asa result of having entered into a service contract, lease, or other financial obligation.
(b) Except as provided in Subsection (2)(a), the executive committee shall delete thepetitioning member from the membership of the Utah Communications Agency Network as ofthe date of the executive committee's receipt of the member's notice of withdrawal. Theexecutive committee may not include a member who has given notice of withdrawal in anyfuture obligation of the Utah Communications Agency Network.

Enacted by Chapter 136, 1997 General Session