Utah Statutes

§ 76-16-201 — Definitions.

Utah·Title 76 Utah Criminal Code·Ch. 76-16 Offenses Concerning Business Practices·Part 76-16-2 Corporation and Association Offenses

As used in this part:

(1)"Bona fide stockholder of record" means a stockholder of record who has acquired stock in good faith and is acting for a proper purpose reasonably related to the stockholder's interests as a stockholder.
(2)"Director" means a person having by law the direction or management of the affairs of a corporation, by whatever name the person is described in the corporation's charter or is known by law.

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Legislative History

Renumbered and Amended by Chapter 173, 2025 General Session

Nearby Sections

15
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