7 unchanged sentences
to Section 16-10a-640 of the Utah Revised Business Corporation Act, no distribution may be made if, after giving it effect:
−Removed: corporation would not be able to pay its debts as they become due in the usual course of business;
−Removed: corporation’s total assets would be less than the sum of its total liabilities plus, unless the articles of incorporation permit
−Removed: otherwise, the amount that would be needed, if the corporation were to be dissolved at the time of the distribution, to satisfy the
−Removed: preferential rights upon dissolution of shareholders whose preferential rights are superior to those receiving the distribution.
+Added: the corporation would not
+Added: be able to pay its debts as they become due in the usual course of business;
+Added: the corporation’s
+Added: total assets would be less than the sum of its total liabilities plus, unless the articles of incorporation permit otherwise, the
+Added: amount that would be needed, if the corporation were to be dissolved at the time of the distribution, to satisfy the preferential
+Added: rights upon dissolution of shareholders whose preferential rights are superior to those receiving the distribution.
Defaults Upon Senior Securities
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.