Section 16-4-201 - Assessments(1) The shares of a nonprofit corporation are subject to assessment for any corporate purpose, except to the extent proscribed by the articles of incorporation.(2) The shares of a profit corporation are subject to assessment if: (a) those shares were subject to assessment before May 1, 2007; and(b) the assessment is not proscribed by the corporation's articles of incorporation.Enacted by Chapter 367, 2007 General Session.