Utah Code 78B-3a-101. Definitions
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As used in this chapter:
(1)
Terms Used In Utah Code 78B-3a-101
- Action: means a lawsuit or case that is commenced in a court. See Utah Code 78B-3a-101
- Business organization: means :(2)(a) an association;(2)(b) a corporation;(2)(c) an institution, as that term is defined in Section 7-1-103;(2)(d) a joint stock company;(2)(e) a joint venture;(2)(f) a limited liability company;(2)(g) a mutual fund trust;(2)(h) a partnership; or(2)(i) any other similar form of organization described in Subsections (2)(a) through (h). See Utah Code 78B-3a-101
- 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.
- Lawsuit: A legal action started by a plaintiff against a defendant based on a complaint that the defendant failed to perform a legal duty, resulting in harm to the plaintiff.
- 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.
- Registered office: means the place within this state that the business organization designated as the business organization's registered office in the most recent document on file with the Division of Corporations and Commercial Code. See Utah Code 78B-3a-101
- 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) “Action” means a lawsuit or case that is commenced in a court.(1)(b) “Action” does not include a criminal action as defined in Section 77-1-3.
(2) “Business organization” means:
(2)(a) an association;
(2)(b) a corporation;
(2)(c) an institution, as that term is defined in Section 7-1-103;
(2)(d) a joint stock company;
(2)(e) a joint venture;
(2)(f) a limited liability company;
(2)(g) a mutual fund trust;
(2)(h) a partnership; or
(2)(i) any other similar form of organization described in Subsections (2)(a) through (h).
(3) “Cause of action” means the act or omission giving rise to the action.
(4) “Principal place of business” means the place where the business organization‘s officers direct, control, and coordinate the business organization’s activities regardless of whether the place is located in this state.
(5) “Registered office” means the place within this state that the business organization designated as the business organization’s registered office in the most recent document on file with the Division of Corporations and Commercial Code.