Service and publication of notice of assessment.

  1. Law
  2. Utah Code
  3. Corporations
  4. Share Assessment Act
  5. Assessments
  6. Service and publication of notice of assessment.

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  • (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).




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