Utah Statutes

§ 16-4-201 — Assessments.

Utah § 16-4-201
JurisdictionUtah
Title 16Corporations
Ch. 16-4Share Assessment Act
Part 16-4-2Assessments

This text of Utah § 16-4-201 (Assessments.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Utah Code Ann. § 16-4-201 (2026).

Text

(1)The shares of a nonprofit corporation are subject to assessment for any corporate purpose, except to the extent proscribed by the articles of incorporation.
(2)The shares of a profit corporation are subject to assessment if:
(2)(a) those shares were subject to assessment before May 1, 2007; and
(2)(b) the assessment is not proscribed by the corporation's articles of incorporation.

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Legislative History

Enacted by Chapter 367, 2007 General Session

Nearby Sections

15
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Bluebook (online)
Utah § 16-4-201, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/16-4-201.