16-4-304 - Power of sale.
16-4-304. Power of sale.
The service or mailing and publication of the notice of sale required under Section16-4-303 gives a corporation power to sell and convey all the shares described in the notice ofsale upon which any delinquent assessment or other amount remains unpaid at the time appointedfor the sale.
Enacted by Chapter 367, 2007 General Session