16-6a-1701 - Application to existing domestic nonprofit corporations -- Reports of domestic and foreign nonprofit corporation.
16-6a-1701. Application to existing domestic nonprofit corporations -- Reports ofdomestic and foreign nonprofit corporation.
(1) Except as otherwise provided in Section 16-6a-1704, this chapter applies to domesticnonprofit corporations as follows:
(a) domestic nonprofit corporations in existence on April 30, 2001, that wereincorporated under any general statute of this state providing for incorporation of nonprofitcorporations, including all nonprofit corporations organized under any former provisions of Title16, Chapter 6, Utah Nonprofit Corporation and Co-operative Association Act;
(b) mutual irrigation, canal, ditch, reservoir, and water companies and water users'associations organized and existing under the laws of this state on April 30, 2001;
(c) corporations organized under the provisions of Title 16, Chapter 7, Corporations Sole,for purposes of applying all provisions relating to merger or consolidation; and
(d) to actions taken by the directors, officers, and members of the entities described inSubsections (1)(a), (b), and (c) after April 30, 2001.
(2) Domestic nonprofit corporations to which this chapter applies, that are organized andexisting under the laws of this state on April 30, 2001:
(a) shall continue in existence with all the rights and privileges applicable to nonprofitcorporations organized under this chapter; and
(b) from April 30, 2001 shall have all the rights and privileges and shall be subject to allthe remedies, restrictions, liabilities, and duties prescribed in this chapter except as otherwisespecifically provided in this chapter.
(3) Every existing domestic nonprofit corporation and foreign nonprofit corporationqualified to conduct affairs in this state on April 30, 2001 shall file an annual report with thedivision setting forth the information prescribed by Section 16-6a-1607. The annual report shallbe filed at such time as would have been required had this chapter not taken effect and shall befiled annually thereafter as required in Section 16-6a-1607.
Enacted by Chapter 300, 2000 General Session