Utah Code 59-7-535. Doing business after suspension or forfeiture of certain corporate powers, rights, and privileges — Penalty
Current as of: 2024 | Check for updates
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(1) A person is guilty of a class B misdemeanor if:
For details, see Utah Code § 76-3-204
Attorney's Note
Under the Utah Code, punishments for crimes depend on the classification. In the case of this section:Class | Prison | Fine |
---|---|---|
class B misdemeanor | up to 6 months | up to $1,000 |
Terms Used In Utah Code 59-7-535
- Contract: A legal written agreement that becomes binding when signed.
- 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: includes :(11)(a) entities defined as corporations under Sections 7701(a) and 7704, Internal Revenue Code; and(11)(b) other organizations that are taxed as corporations for federal income tax purposes under the Internal Revenue Code. See Utah Code 59-7-101
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Person: means :
(24)(a) an individual;(24)(b) an association;(24)(c) an institution;(24)(d) a corporation;(24)(e) a company;(24)(f) a trust;(24)(g) a limited liability company;(24)(h) a partnership;(24)(i) a political subdivision;(24)(j) a government office, department, division, bureau, or other body of government; and(24)(k) any other organization or entity. See Utah Code 68-3-12.5- State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
(1)(a) the person’s corporate powers, rights, and privileges have been suspended in accordance with Section59-7-534 ; and(1)(b) the person:(1)(b)(i) attempts or purports to exercise any of the rights, privileges, or powers of a suspended domestic corporation; or(1)(b)(ii) transacts or attempts to transact any intrastate business in this state in behalf of a forfeited foreign corporation.(2) Jurisdiction of the offense shall be in any county in which any part of an action described in Subsection(1)(b) occurred.(3) Any contract made in violation of this section is unenforceable by a corporation or person described in Subsection(1) .