Utah Administrative Code
Topic - Commerce
Title R154 - Corporations and Commercial Code
Rule R154-3 - Decentralized Autonomous Organization Act Rule
Section R154-3-10 - Procedure Upon Refusal
Universal Citation: UT Admin Code R 154-3-10
Current through Bulletin 2024-24, December 15, 2024
(1)
(a) If the division finds grounds to refuse a
DAO record, the division shall keep the fee for a period of 30 days from the
date of the refusal pending resubmission of the record.
(b) After the 30-day period in Subsection
(1)(a), the remitter must pay the applicable fee to resubmit the
record.
(c) The fee is
nonrefundable.
(2) Communication of the refusal, the reasons for the refusal, and other related information will be made to the remitter as soon as practicable, by the same means as the means by which the DAO record was received by the filing office, or by mail or a more expeditious means as the division shall determine.
(3) Records of refusal, including a copy of the refused DAO record and the grounds for refusal, shall be managed in accordance with Title 63G, Chapter 2, Government Records Access and Management Act and the division's applicable retention schedules.
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