16-16-120 - Service of process.
16-16-120. Service of process.
(1) An agent for service of process appointed by a limited cooperative association orforeign cooperative is an agent of the association or foreign cooperative for service of process,notice, or a demand required or permitted by law to be served upon the association or foreigncooperative.
(2) If a limited cooperative association or foreign cooperative does not appoint ormaintain an agent for service of process in this state or the agent for service of process cannotwith reasonable diligence be found at the address of the designated office on file with thedivision, the division is an agent of the association or foreign cooperative upon which process,notice, or a demand may be served.
(3) Service of process, notice, or a demand on the division as agent of a limitedcooperative association or foreign cooperative may be made by delivering to the division twocopies of the process, notice, or demand. The division shall forward one copy by registered orcertified mail, return receipt requested, to the association or foreign cooperative at its principaloffice.
(4) Service is effected under Subsection (3) on the earliest of:
(a) the date the limited cooperative association or foreign cooperative receives theprocess, notice, or demand;
(b) the date shown on the return receipt, if signed on behalf of the association or foreigncooperative; or
(c) five days after the process, notice, or demand is deposited by the division for deliveryby the United States Postal Service, if mailed postage prepaid to the address of the principaloffice on file with the division.
(5) The division shall keep a record of each process, notice, and demand served pursuantto this section and record the time of, and the action taken regarding, the service.
(6) This section does not affect the right to serve process, notice, or a demand in anyother manner provided by law.
Enacted by Chapter 363, 2008 General Session