§ 73-11-1 Powers and duties of School and Institutional Trust Lands Administration — Consolidation — Purpose
§ 73-11-2 Reserve stock for irrigating trust lands — Sell or lease excess stock
§ 73-11-3 Disposition of proceeds
§ 73-11-4 School and Institutional Trust Lands Administration to vote stock of consolidated district
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Terms Used In Utah Code > Title 73 > Chapter 11 - Consolidation of Water Companies and Conservation Districts

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • 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.
  • Employer: means a person, including the state or a political subdivision of the state, that has one or more workers or operators employed in the same business, or in or about the same establishment, under any contract of hire, express or implied, oral or written. See Utah Code 34-48-102
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Land: includes :
         (18)(a) land;
         (18)(b) a tenement;
         (18)(c) a hereditament;
         (18)(d) a water right;
         (18)(e) a possessory right; and
         (18)(f) a claim. See Utah Code 68-3-12.5
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • 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
  • Public employer: means the following entities:
         (2)(a) a department, division, board, council, committee, institution, office, bureau, or other similar administrative unit of the executive branch of state government;
         (2)(b) a municipality;
         (2)(c) a county;
         (2)(d) a school district; or
         (2)(e) an institution of higher education as described in Section 53B-2-101. See Utah Code 34-49-102