2006 Utah Code - 16-4-15 — Jurisdiction acquired by publication.

     16-4-15.   Jurisdiction acquired by publication.
     By the publication of the notice the corporation acquires jurisdiction to sell and convey a perfect title to all of the stock described in the notice of sale upon which any portion of the assessment or expenses of advertising remains unpaid at the hour appointed for the sale, subject however to assessments subsequently levied, but the corporation must sell no more of such stock than is necessary to pay the assessments due and expenses of advertising and sale.

Amended by Chapter 29, 1961 General Session

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