Utah Statutes
§ 16-4-310 — Error or omission in proceedings -- Effect.
(1)No assessment is invalidated by:
(1)(a) a failure to serve, mail, or publish the notice of sale;
(1)(b) the omission of any information required to be contained in the notice; or
(1)(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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Legislative History
Enacted by Chapter 367, 2007 General Session
Nearby Sections
15
§ 16-10a-1001
Authority to amend.§ 16-10a-1002
Amendment by board of directors.§ 16-10a-1003
Amendment by board of directors and shareholders.§ 16-10a-1004
Voting on amendments by voting groups.§ 16-10a-1005
Amendment before issuance of shares.§ 16-10a-1006
Articles of amendment.§ 16-10a-1007
Restated articles of incorporation.§ 16-10a-1008
Amendment pursuant to reorganization.§ 16-10a-1008.5
Conversion to a nonprofit corporation.§ 16-10a-1008.7
Conversion to or from a domestic limited liability company.§ 16-10a-1009
Effect of amendment.§ 16-10a-101
Short title.§ 16-10a-102
Definitions.