Utah Code 78B-3-202. Definitions
Current as of: 2024 | Check for updates
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As used in this part:
(1) The words “any person” mean any individual, firm, company, association, or corporation.
Terms Used In Utah Code 78B-3-202
- 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.
- 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
(2) The words “transaction of business within this state” mean activities of a nonresident person, his agents, or representatives in this state which affect persons or businesses within the state.