There is a newer version
of
this Section
2019 Utah Code
Title 16 - Corporations
Chapter 4 - Share Assessment Act
Part 2 - Assessments
Section 202 - Procedure for assessment in absence of provisions in articles or bylaws.
Universal Citation: UT Code § 16-4-202 (2019)
16-4-202. Procedure for assessment in absence of provisions in articles or bylaws.
Enacted by Chapter 367, 2007 General Session
- (1) An assessment shall be levied in the manner this chapter provides, unless other commercially reasonable procedures are provided in the articles of incorporation or bylaws.
- (2) Each assessment shall comply with the requirements of Section 16-4-203.
Enacted by Chapter 367, 2007 General Session
Disclaimer: These codes may not be the most recent version. Utah may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
