Terms Used In Utah Code > Title 17 > Chapter 12 - Creating Bonded Indebtedness

• 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.
• County legislative body: means :
       (8)(a) the county commission, in the county commission or expanded county commission form of government established under Title 17, Chapter 52a, Changing Forms of County Government;
       (8)(b) the county council, in the county executive-council optional form of government authorized by Section 17-52a-203; and
       (8)(c) the county council, in the council-manager optional form of government authorized by Section 17-52a-204. See Utah Code 68-3-12.5
• Director: means the director of the office. See Utah Code 13-1b-101
• Executive: when used to describe the powers, duties, or functions of a person or body elected as the county executive or a person appointed as the county manager or administrative officer, refers to:
       (2)(a) the power and duty to carry laws and ordinances into effect and secure their due observance; and
       (2)(b) those powers, duties, and functions that, under constitutional and statutory provisions and through long usage and accepted practice and custom at the federal and state level, have come to be regarded as belonging to the executive branch of government. See Utah Code 17-50-101
• Executive director: means the executive director of the Department of Commerce. See Utah Code 13-1b-101
• Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
• Government requestor: means :
       (4)(a) the governor;
       (4)(b) an executive branch officer other than the governor;
       (4)(c) an executive branch agency;
       (4)(d) a legislator; or
       (4)(e) a legislative committee. See Utah Code 13-1b-101
• Legislative: when used to describe the powers, duties, or functions of a county commission or council, refers to:
       (3)(a) the power and duty to enact ordinances, levy taxes, and establish budgets; and
       (3)(b) those powers, duties, and functions that, under constitutional and statutory provisions and through long usage and accepted practice and custom at the federal and state level, have come to be regarded as belonging to the legislative branch of government. See Utah Code 17-50-101
• licensing: means a state-granted authorization for a person to engage in a specified occupation:
       (6)(a) based on the person meeting personal qualifications established under state law; and
       (6)(b) where state law requires the authorization before the person may lawfully engage in the occupation for compensation. See Utah Code 13-1b-101
• Occupation: means a course of conduct, pursuit, or profession that includes the sale of goods or services that are not illegal to sell, irrespective of whether the individual selling the goods or services is subject to an occupational regulation. See Utah Code 13-1b-101
• Office: means the Office of Professional Licensure Review created in this chapter. See Utah Code 13-1b-101
• Periodic review: means a review described in Subsection 13-1b-203(2). See Utah Code 13-1b-101
• 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
• Property: includes both real and personal property. See Utah Code 68-3-12.5
• Regulated occupation: means an occupation that:
       (12)(a) requires a person to obtain a license to practice the occupation; or
       (12)(b) provides for state certification or state registration. See Utah Code 13-1b-101
• Sunrise review: means a review under this chapter of an application to establish a new regulated occupation. See Utah Code 13-1b-101