State Codes and Statutes

Statutes > Utah > Title-07 > Chapter-02 > 7-2-16

7-2-16. Interim ratable dividends.
At any time after the expiration of the date fixed for the presentation of claims and prior tothe declaration of a final dividend the commissioner may, out of the funds remaining in his handsafter the payment of expenses, declare and pay, subject to their priorities established underSection 7-2-15, one or more interim ratable dividends to any person and in the amount and uponsuch notice as the court directs.

Amended by Chapter 267, 1989 General Session

State Codes and Statutes

Statutes > Utah > Title-07 > Chapter-02 > 7-2-16

7-2-16. Interim ratable dividends.
At any time after the expiration of the date fixed for the presentation of claims and prior tothe declaration of a final dividend the commissioner may, out of the funds remaining in his handsafter the payment of expenses, declare and pay, subject to their priorities established underSection 7-2-15, one or more interim ratable dividends to any person and in the amount and uponsuch notice as the court directs.

Amended by Chapter 267, 1989 General Session