16-16-818 - Standards of conduct and liability.
16-16-818. Standards of conduct and liability.
Except as otherwise provided in Section 16-16-820:
(1) the discharge of the duties of a director or member of a committee of the board ofdirectors is governed by the law applicable to directors of entities organized under Title 3,Uniform Agricultural Cooperative Association Act; and
(2) the liability of a director or member of a committee of the board of directors isgoverned by the law applicable to directors of entities organized under Title 3, UniformAgricultural Cooperative Association Act.
Enacted by Chapter 363, 2008 General Session