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Senate advances technical changes to nonprofit‑corporation law, lowers trustee liability threshold
Utah State Senate · February 20, 2006
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Summary
Senate Bill 84, which updates Utah's nonprofit corporate law to standardize trustee standards and require annual meetings, cleared the Senate after sponsors described it as a stakeholder‑driven, technical cleanup to reduce litigation risks.
SALT LAKE CITY — The Utah Senate advanced a package of technical amendments to the state's nonprofit‑corporation law, adopting clarifying changes and moving the measure to third reading.
Senator Hilliard, sponsor of SB 84, said the bill…
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