Authorization of dissolution prior to issuance of shares.

Utah Code § 16-10a-1401, under Part 16-10a-14: Dissolution.

Utah Code § 16-10a-1401

16-10a-1401. Authorization of dissolution prior to issuance of shares.

If a corporation has not yet issued shares, a majority of its directors, or if no directors have been elected or if elected directors are no longer serving, a majority of its incorporators may authorize the dissolution of the corporation.