78B-11-103 - Notice.
78B-11-103. Notice.
(1) Except as otherwise provided in this chapter, a person gives notice to another personby taking action that is reasonably necessary to inform the other person in ordinary course,whether or not the other person acquires knowledge of the notice.
(2) A person has notice if the person has knowledge of the notice or has received notice.
(3) A person receives notice when it comes to the person's attention or the notice isdelivered at the person's place of residence or place of business, or at another location held out bythe person as a place of delivery of such communications.
Renumbered and Amended by Chapter 3, 2008 General Session