Examples of URBCA in a sentence
Utah Statutes Except as otherwise provided in the Utah Revised Business Corporation Act (URBCA), a corporation may indemnify an individual made a party to a proceeding because the individual is or was a director of the corporation against liability incurred in the proceeding if: · His conduct was in good faith.
Subject to the provisions of the Merger Agreement, on the closing date, Sound Concepts, the Parent, and Merger Sub 1 shall cause the Articles of Merger (the “Articles of Merger”) to be executed and filed with the Utah Division of Corporations and Commercial Code in accordance with the relevant provisions of the URBCA, and shall make all other filings or recordings required by the URBCA in connection with the Merger.
If the proposed corporate action creates dissenters’ rights, the notice must state that shareholders are, or may be, entitled to assert dissenters’ rights and must be accompanied by a copy of the provisions of the URBCA governing such rights.
A shareholder, or his agent or attorney, is entitled, on written demand, to inspect and, subject to the requirements of section 2.18 of this Article II and Sections 16-10a-1602 and 16-10a-1603 of the URBCA or any sections of like tenor, as from time to time amended, to inspect and copy the list during regular business hours, at his expense, during the period it is available for inspection.
Subject to compliance with the URBCA, the Luxembourg Companies Law and the Articles, the declaration, payment and amount of any future dividends are subject to discretion, and will depend on, inter alia, the Company's earnings, financial position, cash requirements and availability of profits.