{"data":{"id":"us-ut/utah-code-31a-5-104","jurisdiction":"us-ut","citation":"Utah Code § 31A-5-104","heading":"General corporate powers and procedures.","body":"(1)\n(a) Subject to other provisions of this code, Section 16-10a-302 applies to stock and mutual insurance corporations.\n(b) Subject to other specific provisions of this title, a domestic insurance corporation may participate in any activity permitted as a promoter, partner, member, associate, or manager of any partnership, joint venture, trust, or other enterprise.\n(2) Subsections 16-10a-303(2)(a) and (b) apply to stock corporations, and Section 16-10a-622 applies to mutuals.\n(3) Whenever a seal is required on a corporate document, writing or printing the word \"Seal\" constitutes a valid seal.\n(4) In waiving notice and in informal actions by shareholders, members, or directors, Sections 16-10a-704, 16-10a-706, and 16-10a-823 apply to stock corporations, and Sections 16-6a-705 and 16-6a-707 apply to mutuals.\n(5) A life insurance corporation may hold assets under Section 31A-22-410 as general corporate assets or as trustee.","path":["Title 31A Insurance Code","Chapter 31A-5 Domestic Stock and Mutual Insurance Corporations","Part 31A-5-1 General Provisions"],"source_url":"https://le.utah.gov/xcode/Title31A/Chapter5/31A-5-S104.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"7bb92495413dac634871074e2041aa946bbae71c758684b943139502bb4d9741","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-31a-5-103","next":"us-ut/utah-code-31a-5-105"},"notice":"GroundRules: Original legal text. Not legal advice."}