Utah Statutes

§ 16-4-102 — Definitions.

Utah·Title 16 Corporations·Ch. 16-4 Share Assessment Act·Part 16-4-1 General Provisions

As used in this chapter:

(1)"Corporation" means a nonprofit corporation or a profit corporation.
(2)"Nonprofit corporation" means a nonprofit corporation as defined in Section 16-6a-102.
(3)"Profit corporation" means a corporation as defined in Section 16-10a-102.
(4)"Share" means a share as defined in:
(4)(a) Section 16-6a-102 for a nonprofit corporation; and
(4)(b) Section 16-10a-102 for a profit corporation.
(5)"Water company" means a corporation in which a shareholder has the right, based on the shareholder's shares, to receive a proportionate share of water delivered by the corporation.

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Legislative History

Amended by Chapter 249, 2008 General Session; Amended by Chapter 250, 2008 General Session

Nearby Sections

15
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