Decree of dissolution.

1. Law
2. Utah Code
3. Corporations
4. Utah Revised Nonprofit Corporation Act
5. Dissolution
6. Decree of dissolution.

• (1) If after a hearing the court determines that one or more grounds for judicial dissolution described in Section 16-6a-1414 exist:
  • (a) the court may enter a decree:
    • (i) dissolving the nonprofit corporation; and
    • (ii) specifying the effective date of the dissolution; and
  • (b) the clerk of the court shall deliver a certified copy of the decree to the division which shall file it accordingly.

• (2) After entering the decree of dissolution, the court shall direct:
  • (a) the winding up and liquidation of the nonprofit corporation's affairs in accordance with Section 16-6a-1405; and
  • (b) the giving of notice to:
    • (i)
      • (A) the nonprofit corporation's registered agent; or
      • (B) the division if it has no registered agent; and
    • (ii) to claimants in accordance with Sections 16-6a-1406 and 16-6a-1407.

• (3) The court's order or decision may be appealed as in other civil proceedings.

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