Utah Code 16-4-102. Definitions
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As used in this chapter:
(1) “Corporation” means a nonprofit corporation or a profit corporation.
Terms Used In Utah Code 16-4-102
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Corporation: means a nonprofit corporation or a profit corporation. See Utah Code 16-4-102
- Nonprofit corporation: means a nonprofit corporation as defined in Section 16-6a-102. See Utah Code 16-4-102
- Profit corporation: means a corporation as defined in Section 16-10a-102. See Utah Code 16-4-102
- 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. See Utah Code 16-4-102(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.