§ 53B-18-1101 Higher Education Engineering Partnership
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Terms Used In Utah Code > Title 53B > Chapter 18 > Part 11 - Higher Education Engineering Partnership

  • 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.
  • 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