Utah § 10a-1327 - Special provisions relating to shares acquired after announcement of proposed corporate action.
Full text of Utah Utah Code § 10a-1327 — Special provisions relating to shares acquired after announcement of proposed corporate action., with citation guidance and answers to common questions.
§ 10a-1327. Special provisions relating to shares acquired after announcement of proposed corporate action.
16-10a-1327. Special provisions relating to shares acquired after announcement of proposed corporate action.
| (1) | A corporation may, with the dissenters' notice given pursuant to Section 16-10a-1322, state the date of the first announcement to news media or to shareholders of the terms of the proposed corporate action creating dissenters' rights under Section 16-10a-1302 and state that a shareholder who asserts dissenters' rights must certify in writing, in or with the payment demand, whether or not the dissenter or the person on whose behalf the dissenters' rights are being asserted acquired beneficial ownership of the shares before that date. With respect to any dissenter who does not certify in writing, in or with the payment demand that the dissenter or the person on whose behalf the dissenters' rights are being asserted, acquired beneficial ownership of the shares before that date, the corporation may, in lieu of making the payment provided in Section 16-10a-1325, offer to make payment if the dissenter agrees to accept it in full satisfaction of the dissenter's demand. |
| (2) | An offer to make payment under Subsection (1) shall include or be accompanied by the information required by Subsection 16-10a-1325(2). |
Amended by Chapter 302, 2025 General Session
Source: official Utah text · Last verified 2026-08-27
Frequently Asked Questions About Utah § 10a-1327
What does Utah Code § 10a-1327 cover?
Section 10a-1327 ("Special provisions relating to shares acquired after announcement of proposed corporate action.") is part of the Utah Code, the codified statutory law of Utah. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Utah § 10a-1327?
A common citation format is "Utah Code § 10a-1327" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Utah law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.
How does Utah § 10a-1327 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Utah.