3-1-20.2 - Procedure for judicial dissolution.
3-1-20.2. Procedure for judicial dissolution.
(1) (a) A proceeding by the attorney general to dissolve an association shall be brought ineither the district court of the county in which the principal office or registered office of theassociation is situated, or the district court of Salt Lake County.
(b) A proceeding brought by any other party specified in Section 3-1-20.1 shall bebrought in the district court of the county where the association's principal office is or, if it has noprincipal office in this state, where its registered office is or was last located.
(2) It is not necessary to make members parties to a proceeding to dissolve an associationunless relief is sought against them individually.
(3) A court, in a proceeding brought to dissolve an association, may issue injunctions,appoint a receiver or custodian pendent elite with all powers and duties the court directs, takeother action required to preserve the association assets wherever located, and carry on thebusiness of the association until a full hearing can be held.
Enacted by Chapter 70, 2003 General Session