Terms Used In Utah Code 79-4-206

  • 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.
     The division may provide administrative support to a nonprofit corporation or foundation that assists the board and the division in attaining the objectives outlined in the strategic or operational plan.

Renumbered and Amended by Chapter 344, 2009 General Session