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Articles of Organization (Uniform Limited Cooperative Association) is a legal document that was released by the Utah Department of Commerce - a government authority operating within Utah.
Q: What is Articles of Organization?
A: Articles of Organization is a legal document that establishes a limited cooperative association in Utah.
Q: What is a limited cooperative association?
A: A limited cooperative association is a type of business entity that combines elements of a cooperative and a traditional corporation.
Q: What is the purpose of the Articles of Organization?
A: The purpose of the Articles of Organization is to provide information about the organization, such as its name, purpose, management structure, and more.
Q: What information is included in the Articles of Organization?
A: The Articles of Organization typically include the association's name, purpose, principal address, duration, management structure, and other important details.
Q: Do I need to file the Articles of Organization with the state of Utah?
A: Yes, the Articles of Organization must be filed with the Utah Division of Corporations and Commercial Code.
Q: Is there a fee to file the Articles of Organization?
A: Yes, there is a filing fee to submit the Articles of Organization to the Utah Division of Corporations and Commercial Code.
Q: Can I make changes to the Articles of Organization after it has been filed?
A: Yes, it is possible to make changes to the Articles of Organization through an amendment filing with the Utah Division of Corporations and Commercial Code.
Q: Do I need legal assistance to complete the Articles of Organization?
A: While it is not required, it is recommended to seek legal assistance to ensure the accuracy and compliance of the Articles of Organization.
Q: What is the difference between a limited cooperative association and a traditional corporation?
A: A limited cooperative association is owned and controlled by its members, while a traditional corporation is owned by shareholders and managed by a board of directors.
Q: Are there any ongoing requirements for a limited cooperative association in Utah?
A: Yes, a limited cooperative association in Utah must file an annual report and pay the associated fee to maintain its active status.
Form Details:
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