Utah Statutes
§ 73-1-13 — Corporations -- One water company may own stock in another.
Any irrigation or reservoir company incorporated and existing under the laws of this state may purchase or subscribe for the capital stock of any other similar corporation which at the time of such purchase or subscription shall be or is about to be incorporated; provided, that such purchase or subscription shall be made only when permitted by the articles of incorporation, and such corporations are hereby permitted and authorized to amend their articles of incorporation so as to authorize such purchase or subscription.
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Utah § 73-1-13 (Corporations -- One water company may own stock in another.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
No Change Since 1953
Nearby Sections
15
§ 73-1-12
Failure to record -- Effect.§ 73-1-14
Acts against water facilities or interfering with apportioning official -- Penalty and liability.§ 73-1-16
Petition for hearing to determine validity -- Notice -- Service -- Pleading -- Costs -- Review.§ 73-1-18
Bonds issued -- Interest -- Lien.§ 73-1-21
State water policy.