76-16-212. Unauthorized corporate or association action.
(1) Terms defined in Sections,, andapply to this section. 76-1-101.5 76-16-101 76-16-201
(2) An actor commits unauthorized corporate or association action if the actor: is: a director, officer, agent, or member of a corporation or association; or a person who aids or abets a person described in Subsection (2)(a)(i); and without having the authority to do so: issues or puts forth a certificate of deposit; draws an order or bill of exchange; makes an acceptance; or assigns a note, bond, draft, bill of exchange, mortgage, judgment, or decree.
(3) A violation of Subsection (2) is a third degree felony.