Utah Code Ann. § 7-8-19 – Meetings of the board of directors. | Midpage

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Utah Code

§ 7-8-19

Utah Code Ann. § 7-8-19

Meetings of the board of directors.

Amended by Chapter 92, 2004 General Session

(1) A quorum of the board of directors of each industrial bank shall meet at least once each quarter.
(2) Minutes of each meeting of the board of directors shall be:
1. (a) kept by the secretary of the industrial bank; and
2. (b) maintained at the head office of the industrial bank.

Amended by Chapter 92, 2004 General Session