{"data":{"id":"us-ut/utah-code-16-1a-709","jurisdiction":"us-ut","citation":"Utah Code § 16-1a-709","heading":"Required notice or approval -- Effect of merger on property and gifts.","body":"(1) A domestic entity or a foreign entity that is required under this part to give notice to, or obtain the approval of, a government agency or a government officer of this state in order to be a party to a merger shall also give the notice or obtain the required approval when the domestic entity or foreign entity becomes a party to an interest exchange, a conversion, or a domestication.\n(2) A domestic entity or a foreign entity that holds property for a charitable purpose under the law of this state at the time a transaction governed by this part occurs shall retain possession of the property to the extent permitted under law.\n(3) A bequest, devise, gift, or promise contained in a will or other instrument of donation or conveyance that a person makes to an acquired entity that takes effect remains payable after the merger to the acquiring entity.\n(4) An acquired entity's trust obligation transfers to the acquiring entity after a merger.","path":["Title 16 Business Entities","Chapter 16-1a Provisions Applicable To All Business Entities","Part 16-1a-7 Merger"],"source_url":"https://le.utah.gov/xcode/Title16/Chapter1a/16-1a-S709.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-10-08T05:55:33Z","sha256":"a07553757899dc9e9ca43426c971160a7d4d0528ba9d72eb25e948e35cd8db03","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-16-1a-708","next":"us-ut/utah-code-16-1a-801"},"notice":"GroundRules: Original legal text. Not legal advice."}