Error or omission in proceedings -- Effect.

  1. Law
  2. Utah Code
  3. Corporations
  4. Share Assessment Act
  5. Enforcement
  6. Error or omission in proceedings -- Effect.

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  • (1) No assessment is invalidated by:
    • (a) a failure to serve, mail, or publish the notice of sale;
    • (b) the omission of any information required to be contained in the notice; or
    • (c) the nonperformance of any act otherwise required to be performed in connection with the sale of shares to enforce payment of an assessment.
  • (2) No sale is valid unless proper notice is given and any material acts of nonperformance are corrected.




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