Utah Code 63N-4-801. Definitions
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As used in this part:
(1) “Advisory committee” means the Rural Opportunity Advisory Committee created in Section 63N-4-804 .
Terms Used In Utah Code 63N-4-801
- Advisory committee: means the Rural Opportunity Advisory Committee created in Section
63N-4-804 . See Utah Code 63N-4-801 - Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- 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.
- Fund: means the Rural Opportunity Fund created in Section
63N-4-805 . See Utah Code 63N-4-801 - Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- program: means the Rural Opportunity Program created in Section
63N-4-802 . See Utah Code 63N-4-801 - Rural community: means a rural county or rural municipality. See Utah Code 63N-4-801
- Rural county: means a county of the third, fourth, fifth, or sixth class. See Utah Code 63N-4-801
- Rural municipality: means a cityor town located within the boundaries of:(11)(a) a county of the third, fourth, fifth, or sixth class; or(11)(b) a county of the second class, if the municipality has a population of 10,000 or less. See Utah Code 63N-4-801
- 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
- Town: includes , depending on population, a metro township as defined in Section
10-3c-102 . See Utah Code 68-3-12.5(2) “Association of governments” means an association of political subdivisions of the state, established pursuant to an interlocal agreement under Title 11, Chapter 13, Interlocal Cooperation Act.(3)(3)(a) “Business entity” means a sole proprietorship, partnership, association, joint venture, corporation, firm, trust, foundation, or other organization or entity used in carrying on a business.(3)(b) “Business entity” does not include a business primarily engaged in the following:(3)(b)(i) construction;(3)(b)(ii) staffing;(3)(b)(iii) retail trade; or(3)(b)(iv) public utility activities.(4) “CEO board” means a County Economic Opportunity Advisory Board as described in Section63N-4-803 .(5) “Fund” means the Rural Opportunity Fund created in Section63N-4-805 .(6) “Qualified asset” means a physical asset that provides or supports an essential public service.(7) ” Qualified project” means a project to build or improve one or more qualified assets for a rural community, including:(7)(a) telecom and high-speed Internet infrastructure;(7)(b) power and energy infrastructure;(7)(c) water and sewerage infrastructure;(7)(d) healthcare infrastructure; or(7)(e) other infrastructure as defined by rule made by the office in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act.(8) “Rural community” means a rural county or rural municipality.(9) “Rural county” means a county of the third, fourth, fifth, or sixth class.(10) “Rural health care special district” means a special service district created to provide health care under Subsection17D-1-201 (6) that is located in a rural county or rural municipality.(11) “Rural municipality” means a cityor town located within the boundaries of:(11)(a) a county of the third, fourth, fifth, or sixth class; or(11)(b) a county of the second class, if the municipality has a population of 10,000 or less.(12) “Rural Opportunity Program” or “program” means the Rural Opportunity Program created in Section63N-4-802 .