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United States — Utah Act or statute

United States — Utah legislation

Utah Code § 11-13-608, 2016

Termination of associated entity or segment. The termination of a segment does not affect the segment's or the segment's associated entity's limitation on liabilities under this part. A segment is…

Source excerpt

claims and debtsentity terminationwinding up
Jurisdiction
United States — Utah
Status
In force
Official identity
Year 2016
Dates
Enacted 2016
More statute details
Dates
Enacted 2016
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“Termination of associated entity or segment. The termination of a segment does not affect the segment's or the segment's associated entity's limitation on liabilities under this part. A segment is terminated upon the termination of the”

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Termination of associated entity or segment.

Termination of associated entity or segment. The termination of a segment does not affect the segment's or the segment's associated entity's limitation on liabilities under this part. A segment is terminated upon the termination of the

Section 11-13-608

Subsection 11-13-608(3)

The termination of a segment or its associated entity does not change the liability of listed board, body, officer, contractor, or employee roles, subject to Subsection (3)(b).

Section 11-13-608(3)

Subsection 11-13-608(3)(a)(ii)

after the termination of the associated entity or the segment by: a majority of individuals serving as members of the governing board of the terminated associated entity at the time the associated entity is terminated; or a majority of the

Section 11-13-608(3)(a)(ii)

Subsection 11-13-608(3)(a)(ii)(B)

a majority of the individuals serving as members of the governing body of the terminated segment at the time the segment is terminated.

Section 11-13-608(3)(a)(ii)(B)

Subsection 11-13-608(3)(b)(ii)

otherwise wind up the affairs of the terminated associated entity or the terminated segment.

Section 11-13-608(3)(b)(ii)

04

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In force source record

Source record from le.utah.gov · Enacted 2016

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Showing 12 of 12 provisions

Provision 12

Part 11-13-6

part 11-13-6 Taxed Interlocal Entities

§ 11-13-608Termination of associated entity or segment.Provision

Source excerpt

Termination of associated entity or segment. The termination of a segment does not affect the segment's or the segment's associated entity's limitation on liabilities under this part. A segment is terminated upon the termination of the

Termination of associated entity or segment. The termination of a segment does not affect the segment's or the segment's associated entity's limitation on liabilities under this part. A segment is terminated upon the termination of the segment's associated entity. Subject to Subsection (3)(b) , the termination of a segment's associated entity or a segment may not affect the liability of the governing board, the governing body, a member of the governing board, a member of the governing body, an officer, an official, a contractor, or an employee for an action authorized: before the termination of the associated entity or the segment by the governing board of the terminated associated entity or by the governing body of the terminated segment; or after the termination of the associated entity or the segment by: a majority of individuals serving as members of the governing board of the terminated associated entity at the time the associated entity is terminated; or a majority of the individuals serving as members of the governing body of the terminated segment at the time the segment is terminated. Subsection (3)(a) applies to each action to: provide for the claims, debts, obligations, or liabilities of the terminated associated entity or the terminated segment; or otherwise wind up the affairs of the terminated associated entity or the terminated segment.
Section 11-13-608Verify source
§ 11-13-608(1)Subsection 11-13-608(1)Provision

Source excerpt

The termination of a segment does not affect the segment's or the segment's associated entity's limitation on liabilities under this part.

The termination of a segment does not affect the segment's or the segment's associated entity's limitation on liabilities under this part.
Section 11-13-608(1)Verify source
§ 11-13-608(2)Subsection 11-13-608(2)Provision

Source excerpt

A segment ends when its associated entity is terminated.

A segment is terminated upon the termination of the segment's associated entity.
Section 11-13-608(2)Verify source
§ 11-13-608(3)Subsection 11-13-608(3)Provision

Source excerpt

The termination of a segment or its associated entity does not change the liability of listed board, body, officer, contractor, or employee roles, subject to Subsection (3)(b).

Subject to Subsection (3)(b) , the termination of a segment's associated entity or a segment may not affect the liability of the governing board, the governing body, a member of the governing board, a member of the governing body, an officer, an official, a contractor, or an employee for an action authorized: before the termination of the associated entity or the segment by the governing board of the terminated associated entity or by the governing body of the terminated segment; or after the termination of the associated entity or the segment by: a majority of individuals serving as members of the governing board of the terminated associated entity at the time the associated entity is terminated; or a majority of the individuals serving as members of the governing body of the terminated segment at the time the segment is terminated. Subsection (3)(a) applies to each action to: provide for the claims, debts, obligations, or liabilities of the terminated associated entity or the terminated segment; or otherwise wind up the affairs of the terminated associated entity or the terminated segment.
Section 11-13-608(3)Verify source
§ 11-13-608(3)(a)Subsection 11-13-608(3)(a)Provision

Source excerpt

The termination of an associated entity or segment does not affect liability for authorized actions, subject to Subsection (3)(b).

Subject to Subsection (3)(b) , the termination of a segment's associated entity or a segment may not affect the liability of the governing board, the governing body, a member of the governing board, a member of the governing body, an officer, an official, a contractor, or an employee for an action authorized: before the termination of the associated entity or the segment by the governing board of the terminated associated entity or by the governing body of the terminated segment; or after the termination of the associated entity or the segment by: a majority of individuals serving as members of the governing board of the terminated associated entity at the time the associated entity is terminated; or a majority of the individuals serving as members of the governing body of the terminated segment at the time the segment is terminated.
Section 11-13-608(3)(a)Verify source
§ 11-13-608(3)(a)(i)Subsection 11-13-608(3)(a)(i)Provision

Source excerpt

before the termination of the associated entity or the segment by the governing board of the terminated associated entity or by the governing body of the terminated segment; or

before the termination of the associated entity or the segment by the governing board of the terminated associated entity or by the governing body of the terminated segment; or
Section 11-13-608(3)(a)(i)Verify source
§ 11-13-608(3)(a)(ii)Subsection 11-13-608(3)(a)(ii)Provision

Source excerpt

after the termination of the associated entity or the segment by: a majority of individuals serving as members of the governing board of the terminated associated entity at the time the associated entity is terminated; or a majority of the

after the termination of the associated entity or the segment by: a majority of individuals serving as members of the governing board of the terminated associated entity at the time the associated entity is terminated; or a majority of the individuals serving as members of the governing body of the terminated segment at the time the segment is terminated.
Section 11-13-608(3)(a)(ii)Verify source
§ 11-13-608(3)(a)(ii)(A)Subsection 11-13-608(3)(a)(ii)(A)Provision

Source excerpt

a majority of individuals serving as members of the governing board of the terminated associated entity at the time the associated entity is terminated; or

a majority of individuals serving as members of the governing board of the terminated associated entity at the time the associated entity is terminated; or
Section 11-13-608(3)(a)(ii)(A)Verify source
§ 11-13-608(3)(a)(ii)(B)Subsection 11-13-608(3)(a)(ii)(B)Provision

Source excerpt

a majority of the individuals serving as members of the governing body of the terminated segment at the time the segment is terminated.

a majority of the individuals serving as members of the governing body of the terminated segment at the time the segment is terminated.
Section 11-13-608(3)(a)(ii)(B)Verify source
§ 11-13-608(3)(b)Subsection 11-13-608(3)(b)Provision

Source excerpt

Subsection (3)(a) applies to each action to: provide for the claims, debts, obligations, or liabilities of the terminated associated entity or the terminated segment; or otherwise wind up the affairs of the terminated associated entity or

Subsection (3)(a) applies to each action to: provide for the claims, debts, obligations, or liabilities of the terminated associated entity or the terminated segment; or otherwise wind up the affairs of the terminated associated entity or the terminated segment.
Section 11-13-608(3)(b)Verify source
§ 11-13-608(3)(b)(i)Subsection 11-13-608(3)(b)(i)Provision

Source excerpt

provide for the claims, debts, obligations, or liabilities of the terminated associated entity or the terminated segment; or

provide for the claims, debts, obligations, or liabilities of the terminated associated entity or the terminated segment; or
Section 11-13-608(3)(b)(i)Verify source
§ 11-13-608(3)(b)(ii)Subsection 11-13-608(3)(b)(ii)Provision

Source excerpt

otherwise wind up the affairs of the terminated associated entity or the terminated segment.

otherwise wind up the affairs of the terminated associated entity or the terminated segment.
Section 11-13-608(3)(b)(ii)Verify source

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