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Assessments.

Utah Code § 16-4-201
in effect
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16-4-201. Assessments. (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: (a) those shares were subject to assessment before May 1, 2007; and (b) the assessment is not proscribed by the corporation's articles of incorporation. Enacted by Chapter 367, 2007 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title16/Chapter4/16-4-S201.html?v=C16-4-S201_1800010118000101Fetched: 10/26/2026

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