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Current as of January 01, 2025 | Updated by Findlaw Staff
At any time after the expiration of the date fixed for the presentation of claims and prior to the declaration of a final dividend the commissioner may, out of the funds remaining in his hands after the payment of expenses, declare and pay, subject to their priorities established under Section 7-2-15, one or more interim ratable dividends to any person and in the amount and upon such notice as the court directs.
Cite this article: FindLaw.com - Utah Code Title 7. Financial Institutions Act § 7-2-16. Interim ratable dividends - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-7-financial-institutions-act/ut-code-sect-7-2-16/
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