16-4-206. Service and publication of notice of assessment.
(1) The notice of assessment required by Section 16-4-205 shall be:
(a) personally served on each shareholder; or
(b) sent by first-class mail to each shareholder at the address shown on the corporation's
records.
(2) A shareholder is responsible for providing the shareholder's current mailing address
to the corporation for purposes of Subsection (1).
(3) (a) Except as provided in Subsection (3)(b), a notice of assessment shall be published
once a week for two weeks in a newspaper of general circulation in the location of the
corporation's principal place of business.
(b) A water company may elect not to publish notice under Subsection (3)(a).
Enacted by Chapter 367, 2007 General Session
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Last revised: Wednesday, July 23, 2008