Chapter 3. NONPROFIT CORPORATIONS
206 sections · 14-3-101 to 14-3-1703
Article 1. GENERAL PROVISIONS · Part 1. SHORT TITLE; LEGISLATIVE POWER
Article 1. GENERAL PROVISIONS · Part 2. DOCUMENTS
- 14-3-120Filing requirements for Nonprofit Corporations.
- 14-3-120.1Valid period for annual registration.
- 14-3-121Forms.
- 14-3-122Filing fees.
- 14-3-123Effective time and date of document; filing of document.
- 14-3-124Correcting filed document.
- 14-3-125Filing duty of Secretary of State; effect of filing or refusing to do so.
- 14-3-126Appeal from Secretary of State’s refusal to file document.
- 14-3-127Evidence of filing.
- 14-3-128Certificate of existence or authorization.
- 14-3-129Penalty for signing false document; signing of document.
Article 1. GENERAL PROVISIONS · Part 3. SECRETARY OF STATE
- 14-3-130Powers of Secretary of State.
Article 1. GENERAL PROVISIONS · Part 4. DEFINITIONS; NOTICE
Article 1. GENERAL PROVISIONS · Part 5. COURT-ORDERED MEETINGS
- 14-3-160Authority of court to order meetings; notice; validity of meeting or vote.
Article 1. GENERAL PROVISIONS · Part 6. POWERS OF ATTORNEY GENERAL
- 14-3-170Powers and authority of Attorney General.
Article 1. GENERAL PROVISIONS · Part 7. RELIGIOUS CORPORATIONS DOCTRINE
- 14-3-180Construction of chapter when religious doctrine inconsistent.
Article 1. GENERAL PROVISIONS · Part 8. DONOR INTENT PROTECTION
Article 2. INCORPORATION
- 14-3-201Who may incorporate.
- 14-3-202Articles of incorporation.
- 14-3-202.1Publication of notice of intent to file articles of incorporation.
- 14-3-203Effect of filing articles of incorporation.
- 14-3-204Liability for preincorporation transactions.
- 14-3-205Organizational meeting.
- 14-3-206Bylaws.
- 14-3-207Emergency bylaws.
Article 3. PURPOSES AND POWERS
Article 4. CORPORATE NAME
Article 5. REGISTERED OFFICE AND REGISTERED AGENT · Part 1. GENERAL PROVISIONS
Article 5. REGISTERED OFFICE AND REGISTERED AGENT · Part 2. VENUE
- 14-3-510Applicable laws; where corporation deemed to reside; corporations with principal office under prior law.
Article 6. MEMBERSHIP · Part 1. GENERAL PROVISIONS
Article 6. MEMBERSHIP · Part 2. RIGHTS AND LIABILITIES OF MEMBERS
Article 6. MEMBERSHIP · Part 3. TERMINATION OF MEMBERSHIP
Article 6. MEMBERSHIP · Part 4. DELEGATES
- 14-3-630Rights and authority of delegates.
Article 7. MEETINGS OF MEMBERS · Part 1. GENERAL PROVISIONS
- 14-3-701Annual meeting and regular meetings.
- 14-3-702Special meetings; remote communication.
- 14-3-703Court-ordered meetings.
- 14-3-704Notice of meeting.
- 14-3-705Waiver of notice.
- 14-3-706Record date.
- 14-3-707Action by written ballot.
- 14-3-708Consent in writing or electronic transmission of actions of members; effect; notice.
- 14-3-709Remote communication by members.
Article 7. MEETINGS OF MEMBERS · Part 2. VOTING
- 14-3-720Membership list for meeting.
- 14-3-721Number of votes to which member entitled; effect of membership in names of two or more persons.
- 14-3-722Quorum.
- 14-3-723Majority of votes constitutes act of membership.
- 14-3-724Proxies.
- 14-3-725Voting requirements for election of directors; cumulative voting.
- 14-3-726Election of directors by category.
- 14-3-727Validity of signature on proxy.
Article 7. MEETINGS OF MEMBERS · Part 3. VOTING AGREEMENTS
- 14-3-730Agreements among members.
Article 7A. DERIVATIVE PROCEEDINGS
- 14-3-740“Derivative proceeding” defined.
- 14-3-741Standing.
- 14-3-742Demand for suitable action by corporation required.
- 14-3-743Stay of proceeding.
- 14-3-744Dismissal of proceeding.
- 14-3-745Discontinuance or settlement of proceeding prohibited without court approval.
- 14-3-746Payment of expenses of proceeding.
- 14-3-747Applicability to foreign corporations.
Article 8. DIRECTORS AND OFFICERS · Part 1. BOARD OF DIRECTORS
- 14-3-801Requirement for and duties of board of directors.
- 14-3-802Qualifications of directors.
- 14-3-803Number of directors.
- 14-3-804Election of directors.
- 14-3-805Terms of directors.
- 14-3-806Staggered terms for directors.
- 14-3-807Resignation of directors.
- 14-3-808Removal of directors elected by members or directors.
- 14-3-809Procedure for removing designated or appointed directors.
- 14-3-810Removal of director by court.
- 14-3-811Vacancies.
- 14-3-812Compensation of directors.
- 14-3-813Appointment of provisional director in case of deadlock.
Article 8. DIRECTORS AND OFFICERS · Part 2. MEETINGS AND ACTION OF THE BOARD
Article 8. DIRECTORS AND OFFICERS · Part 3. STANDARDS OF CONDUCT
Article 8. DIRECTORS AND OFFICERS · Part 4. OFFICERS
- 14-3-840Required officers; minutes and records; holding more than one office; titles; signing of documents.
- 14-3-841Duties and authority of officers.
- 14-3-842Standards of conduct for officers; presumption of good faith and ordinary care.
- 14-3-843Resignation and removal of officers.
- 14-3-844Contract rights of officers.
- 14-3-845Authority of officer to sign documents; validity of document.
- 14-3-846Authentication and attestation of records; effect of corporate seal on document.
Article 8. DIRECTORS AND OFFICERS · Part 5. INDEMNIFICATION
- 14-3-850Definitions.
- 14-3-851Authority to indemnify director involved in legal proceeding.
- 14-3-852Indemnification for reasonable expenses of successful defense.
- 14-3-853Advance or reimbursement of litigation expenses.
- 14-3-854Court ordered indemnification and payment of expenses.
- 14-3-855Determination of right and authorization for payment of indemnification required.
- 14-3-856Additional measure of director indemnification.
- 14-3-857Indemnification of officers, employees, and agents.
- 14-3-858Insurance.
- 14-3-859Applicability of indemnification provisions.
Article 8. DIRECTORS AND OFFICERS · Part 6. CONFLICTING INTEREST TRANSACTIONS
- 14-3-860Definitions.
- 14-3-861Transactions not subject to being enjoined, set aside, or other sanctions.
- 14-3-862Directors’ action after disclosure of conflict or abstention by interested director.
- 14-3-863Members’ action following disclosure of conflict.
- 14-3-864Effect of court approval of transaction.
- 14-3-865Officer’s conflicting interest transactions.
Article 8. DIRECTORS AND OFFICERS · Part 7. DISCLAIMER OF BUSINESS OPPORTUNITIES
- 14-3-870Procedures for disclaimer of business opportunities.
Article 10. AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS · Part 1. AMENDMENT OF ARTICLES OF INCORPORATION
- 14-3-1001Authority of corporation to amend; vested property rights of members.
- 14-3-1002Amendment where corporation has no members or members not entitled to vote.
- 14-3-1003Amendment where vote of members required.
- 14-3-1004Voting on amendments by classes of members.
- 14-3-1005Articles of amendment.
- 14-3-1005.1Notice of intent to change corporate name.
- 14-3-1006Restated articles of incorporation.
- 14-3-1007Amendment of articles pursuant to court order.
- 14-3-1008Effect of amendment on existing cause of action.
Article 10. AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS · Part 2. AMENDMENT OF BYLAWS
Article 10. AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS · Part 3. APPROVAL OF AMENDMENTS
- 14-3-1030When approval by specified person required.
Article 10. AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS · Part 4. AMENDMENT TO OPERATE FOR PROFIT
Article 11. MERGER
- 14-3-1101Plan of merger.
- 14-3-1102Merger without court approval; notice to Attorney General; receipt or retention by member of anything resulting from merger.
- 14-3-1103Approval of plan of merger by members or directors; abandonment of plan.
- 14-3-1104Articles of merger; publication of notice of merger.
- 14-3-1104.1Required filing of notice of merger.
- 14-3-1105Effect of merger.
- 14-3-1106Merger with foreign corporation.
- 14-3-1107Effect of merger on bequest, devise, or other transfer of property.
- 14-3-1108Merger with other entities; requirements.
Article 11A. DOMESTICATION OF FOREIGN CORPORATIONS
Article 12. SALE, ENCUMBRANCE, OR OTHER DISPOSITION OF ASSETS
Article 13. DISTRIBUTIONS
Article 14. DISSOLUTION · Part 1. VOLUNTARY DISSOLUTION
- 14-3-1401Dissolution by incorporators or initial directors.
- 14-3-1402Proposal of dissolution and approval thereof.
- 14-3-1403Plan of dissolution.
- 14-3-1404Notice of intent to dissolve.
- 14-3-1404.1Publication of notice of intent to dissolve.
- 14-3-1405Revocation of dissolution proceedings.
- 14-3-1406Effect of notice of intent to dissolve.
- 14-3-1407Disposition of known claims against corporation.
- 14-3-1408Request for presentation of claims; enforcement of claims; when claims barred.
- 14-3-1409Articles of dissolution.
- 14-3-1409.1Claims pending prior to dissolution of a corporation.
- 14-3-1410Claims pending prior to dissolution of a corporation.
- 14-3-1411Revival of corporation after dissolution by expiration of period of duration.
Article 14. DISSOLUTION · Part 2. ADMINISTRATIVE DISSOLUTION
Article 14. DISSOLUTION · Part 3. JUDICIAL DISSOLUTION
Article 14. DISSOLUTION · Part 4. ASSETS OF DISSOLVED CORPORATION
- 14-3-1440Deposit of assets with Office of the State Treasurer.
Article 15. FOREIGN CORPORATIONS · Part 1. CERTIFICATE OF AUTHORITY
- 14-3-1501Certificate of authority to transact business required.
- 14-3-1502Transacting business without certificate of authority.
- 14-3-1503Application for certificate of authority.
- 14-3-1504Amended certificate of authority.
- 14-3-1505Effect of certificate of authority.
- 14-3-1506Corporate name of foreign corporation.
- 14-3-1507Registered office and registered agent of foreign corporation.
- 14-3-1508Change of registered office or registered agent of foreign corporation.
- 14-3-1509Resignation of registered agent of foreign corporation.
- 14-3-1510Service of process on foreign corporation.
Article 15. FOREIGN CORPORATIONS · Part 2. CERTIFICATE OF WITHDRAWAL
- 14-3-1520Withdrawal of foreign corporation from state.
Article 15. FOREIGN CORPORATIONS · Part 3. REVOCATION OF CERTIFICATE OF AUTHORITY
Article 15. FOREIGN CORPORATIONS · Part 4. DOMESTICATION UNDER PRIOR LAW
- 14-3-1540Applicability of chapter to foreign corporations domesticated under prior law.