Common use of No Members Clause in Contracts

No Members. The Corporation shall have no members. Any action which would otherwise by law require approval by a majority of all members or approval by the members shall require only approval of the Board. All rights, which would otherwise by law vest in the members, shall vest in the Board.

Appears in 5 contracts

Samples: Charter School Performance Certificate, Charter School Performance Certificate, Charter School Performance Certificate

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No Members. The Corporation corporation shall have no members. Any action which would otherwise by law require approval by a majority of all members or approval by the members shall require only approval of the Governing Board. All rights, rights which would otherwise by law vest in the members, members shall vest in the Boardboard.

Appears in 2 contracts

Samples: www.utah.gov, www.utah.gov

No Members. The Corporation corporation shall have no membersvoting members within the meaning of the Nonprofit Corporation Law. Any action Except as otherwise provided herein, any action, which would otherwise by law require approval by a majority of all members or approval by the members members, shall require only approval of the Board. All rights, and all which would otherwise by law vest in the members, shall vest in the Board.

Appears in 1 contract

Samples: www.utah.gov

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No Members. The Corporation corporation shall have no members. Any action which would otherwise by law require approval by a majority of all members or approval by the members shall require only approval of the Board. All rights, rights which would otherwise by law vest in the members, members shall vest in the Boardboard.

Appears in 1 contract

Samples: Charter School Performance Certificate

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