Utah Statutes
§ 61-6-12 — Dissenter's rights.
Utah § 61-6-12
JurisdictionUtah
Title 61Securities Division - Real Estate Division
Ch. 61-6Control Shares Acquisitions Act
This text of Utah § 61-6-12 (Dissenter's rights.) 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. § 61-6-12 (2026).
Text
(1)Unless otherwise provided in a corporation's articles of incorporation or bylaws before a control share acquisition has occurred, in the event control shares acquired in a control share acquisition are accorded full voting rights and the acquiring person has acquired control shares with a majority or more of all voting power, all shareholders of the issuing public corporation have dissenter's rights as provided in this chapter.
(2)As soon as practicable after such events have occurred, the board of directors shall cause a notice to be sent to all shareholders of the corporation advising them of the facts and that they have dissenter's rights to receive the fair value of their shares under Sections 16-10a-1301 through 16-10a-1331.
(3)As used in this section, "fair value" means a valu
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Legislative History
Amended by Chapter 277, 1992 General Session
Nearby Sections
15
§ 61-1-1
Fraud unlawful.§ 61-1-10
Registration by qualification.§ 61-1-101
Title.§ 61-1-102
Definitions.§ 61-1-103
Procedure for disclosure.§ 61-1-105
Remedies for employee bringing action.§ 61-1-106
Award for reporter.§ 61-1-13
Definitions.§ 61-1-14
Exemptions.Cite This Page — Counsel Stack
Bluebook (online)
Utah § 61-6-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/61-6-12.