Section 2. Existing Corporations to Accept Constitution

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Existing Corporations to Accept Constitution

Summary: Repeal

Election Date: November 3, 1992

Votes For Ratification: 482619

Votes Against Ratification: 199716

Percent for Ratification: 71%

Percent Against Ratification: 29%

Notes: Repealed Section

Amendment Source: 1992 SJR 7

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

Existing Corporations to Accept Constitution

All existing charters, franchises, special or exclusive privileges, under which an actual and bona fide organization shall not have taken place, and business been commenced in good faith, at the time of the adoption of this Constitution, shall thereafter have no validity; and no corporation in existence at the time of the adoption of this Constitution shall have the benefit of future legislation without first filing in the office of the Secretary of State, an acceptance of the provisions of this Constitution.

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