Utah Code Ann. § 16-16-820

Other considerations of directors.

Enacted by Chapter 363, 2008 General Session

Unless the articles of organization otherwise provide, in considering the best interests of a limited cooperative association, a director of the association in discharging the duties of director, in conjunction with considering the long and short term interest of the association and its patron members, may consider:

  1. (1) the interest of employees, customers, and suppliers of the association;
  2. (2) the interest of the community in which the association operates; and
  3. (3) other cooperative principles and values that may be applied in the context of the decision.

Enacted by Chapter 363, 2008 General Session

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