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2006 Utah Code - 16-4-17 — "Highest bidder" defined.

     16-4-17.   "Highest bidder" defined.
     The person offering at such sale to pay the assessment and expenses for the smallest number of shares or fraction of a share is the highest bidder, and the stock purchased must be transferred to him on the stock books of the corporation on payment of the assessment and expenses.

Amended by Chapter 29, 1961 General Session

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