13-1a-6 - Powers of Division of Corporations and Commercial Code -- Document retention.
13-1a-6. Powers of Division of Corporations and Commercial Code -- Documentretention.
(1) The Division of Corporations and Commercial Code shall have the power andauthority reasonably necessary to enable it to efficiently administer the laws and rules for whichit is responsible and to perform the duties imposed upon it by law.
(2) The division has authority under Title 63G, Chapter 3, Utah AdministrativeRulemaking Act, to make rules and procedures for the processing, retention, and disposal of fileddocuments to efficiently utilize electronic and computerized document image storage andretrieval.
(3) Notwithstanding the provisions of Section 63A-12-105, original documents filed inthe division offices may not be considered property of the state if electronic image reproductionsthereof which comply with the provisions of Title 63G, Chapter 2, Government Records Accessand Management Act, are retained by the division.
Amended by Chapter 378, 2010 General Session