31A-7-305 - Supervision of management changes.
31A-7-305. Supervision of management changes.
Subsections 31A-5-410(1)(a) and 31A-5-410(3) apply to supervision and managementchanges in corporations organized and operating under this chapter. If a trustee is removed fromthe board of trustees in the manner specified under Subsection 31A-7-303(6), the action shall bereported to the commissioner within 10 days of the removal.
Amended by Chapter 91, 1987 General Session