16-10a-641. Unclaimed distributions.
If a corporation has mailed three successive distributions to a shareholder addressed to the
shareholder's address shown on the corporation's current record of shareholders and the
distributions have been returned as undeliverable, no further attempt to deliver distributions to the
shareholder need be made until another address for the shareholder is made known to the
corporation, at which time all distributions accumulated by reason of this section shall, except as
otherwise provided by law, be mailed to the shareholder at the other address.
Enacted by Chapter 277, 1992 General Session
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Last revised: Thursday, May 28, 2009