{"data":{"id":"us-ut/utah-code-31a-5-402","jurisdiction":"us-ut","citation":"Utah Code § 31A-5-402","heading":"Shareholders' meetings.","body":"(1) Sections 16-10a-701, 16-10a-702, 16-10a-705, 16-10a-721, 16-10a-724, 16-10a-726, and 16-10a-728 apply to the meetings, notices, quorums, and voting of stock corporations. Except where a greater percentage is required or allowed under this title, the articles of incorporation of domestic insurers may not require more than 50% of the shares represented for the approval of an action requiring shareholder approval.\n(2) Sections 16-10a-707 and 16-10a-720 apply to the closing of transfer books, the fixing of the record date, and the voting lists of stock corporations.\n(3) Section 16-10a-731 applies to stock corporations. The transfer of shares to a voting trust does not preclude the trustor, or trustee, from being subject to Chapter 16, Insurance Holding Companies.","path":["Title 31A Insurance Code","Chapter 31A-5 Domestic Stock and Mutual Insurance Corporations","Part 31A-5-4 Management of Insurance Corporations"],"source_url":"https://le.utah.gov/xcode/Title31A/Chapter5/31A-5-S402.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"ce2bbaa7ed53adee5ec78b5bded6a54e382420f19a53ae6737ff574b5de51e8f","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-31a-5-401.1","next":"us-ut/utah-code-31a-5-403"},"notice":"GroundRules: Original legal text. Not legal advice."}