Section 1. Corporations Formation

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Corporations Formation

Corporations may be formed under general laws but may not be created by special acts.

Summary: Corporations article revision

Election Date: November 3, 1992

Votes For Ratification: 482619

Votes Against Ratification: 199716

Percent for Ratification: 71%

Percent Against Ratification: 29%

Notes:

Amendment Source: 1992 SJR 7

Effective Date Source: https://vote.utah.gov/wp-content/uploads/sites/42/2023/09/1992Gen.pdf

Corporations - Formation - Control

Corporations may be formed under general laws, but shall not be created by special acts. All laws relating to corporations may be altered, amended or repealed by the Legislature, and all corporations doing business in this State, may, as to such business, be regulated, limited or restrained by law.

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