§ 16-4-206. Service and publication of notice of assessment.

Latest version.

(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).

Amended by Chapter 388, 2009 General Session

                    
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