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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) If a special meeting is requested, notice of the special meeting of shareholders shall be given as promptly as reasonably practicable by the issuing public corporation to all shareholders of record as of the record date set for the meeting, whether or not they are entitled to vote at the meeting.
(2) Notice of the special or annual shareholder meeting at which the voting rights are to be considered must include or be accompanied by the following:
(a) a copy of the acquiring person statement delivered to the issuing public corporation; and
(b) a statement by the board of directors of the corporation, authorized by its directors, of its position or recommendation, or that it is taking no position or making no recommendation, with respect to the proposed control share acquisition.
Cite this article: FindLaw.com - Utah Code Title 61. Securities Division--Real Estate Division § 61-6-9. Notice of special or annual meetings to consider voting rights - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-61-securities-division-real-estate-division/ut-code-sect-61-6-9/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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