Utah Statutes
§ 16-15-102 — Definition of business trust.
As used in this chapter:
(1)"Beneficiary" means a person holding a certificate representing a beneficial interest in the trust estate and assets.
(2)"Business trust" has the same meaning as in Section 7-5-1.
(3)"Division" means the Division of Corporations and Commercial Code.
(4)"Person" means an individual, general partnership, limited liability partnership, limited partnership, limited liability company, limited association, domestic or foreign trust, estate, association, or corporation.
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Related
Taylor v. National Collegiate Student Loan Trust 2007-1
(D. Utah, 2021)
Legislative History
Enacted by Chapter 310, 1995 General Session
Nearby Sections
15
§ 16-10a-1001
Authority to amend.§ 16-10a-1002
Amendment by board of directors.§ 16-10a-1003
Amendment by board of directors and shareholders.§ 16-10a-1004
Voting on amendments by voting groups.§ 16-10a-1005
Amendment before issuance of shares.§ 16-10a-1006
Articles of amendment.§ 16-10a-1007
Restated articles of incorporation.§ 16-10a-1008
Amendment pursuant to reorganization.§ 16-10a-1008.5
Conversion to a nonprofit corporation.§ 16-10a-1008.7
Conversion to or from a domestic limited liability company.§ 16-10a-1009
Effect of amendment.§ 16-10a-101
Short title.§ 16-10a-102
Definitions.