Title 16 Corporations Chapter 4 Share Assessment Act Section 206 Service and publication of notice of assessment.
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:
(i) once a week for two weeks in a newspaper of general circulation in the location of the
corporation's principal place of business; and
(ii) in accordance with Section 45-1-101 for two weeks.
(b) A water company may elect not to publish notice under Subsection (3)(a).
Amended by Chapter 388, 2009 General Session
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