Terms Used In Utah Code > Title 7 > Chapter 19 - Acquisition of Failing Depository Institutions or Holding Companies

• Aboveground petroleum storage tank: means a storage tank that is, by volume, less than 10% buried in the ground, including the pipes connected to the storage tank and:
       (2)(a)

            (2)(a)(i) has attached underground piping; or

            (2)(a)(ii) rests directly on the ground;
       (2)(b) contains regulated substances;
       (2)(c) has the capacity to hold 501 gallons or more; and
       (2)(d) is not:

            (2)(d)(i) used in agricultural operations, as defined by the board by rule made in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act;

            (2)(d)(ii) used for heating oil for consumptive use on the premises where stored;

            (2)(d)(iii) related to a petroleum facility under SIC Code 2911 or 5171 of the 1987 Standard Industrial Classification Manual of the federal Executive Office of the President, Office of Management and Budget;

            (2)(d)(iv) directly related to oil or gas production and gathering operations; or

            (2)(d)(v) used in the fueling of aircraft or ground service equipment at a commercial airport that serves passengers or cargo, with commercial airport defined in Section 72-10-102. See Utah Code 19-6-402
• Adjudicative proceeding: means :
       (2)(a) an action by a board, commission, department, officer, or other administrative unit of the state that determines the legal rights, duties, privileges, immunities, or other legal interests of one or more identifiable persons, including an action to grant, deny, revoke, suspend, modify, annul, withdraw, or amend an authority, right, or license; and
       (2)(b) judicial review of an action described in Subsection (2)(a). See Utah Code 68-3-12.5
• Advanced recycling: means a manufacturing process that converts post-use polymers or recovered feedstock into basic raw materials, chemicals, or advanced recycling products using technology including:
            (1)(a)(i) pyrolysis;
            (1)(a)(ii) gasification;
            (1)(a)(iii) depolymerization;
            (1)(a)(iv) catalytic cracking;
            (1)(a)(v) reforming;
            (1)(a)(vi) hydrogenation;
            (1)(a)(vii) solvolysis; or
            (1)(a)(viii) chemolysis. See Utah Code 19-6-502
• Advanced recycling facility: means a manufacturing facility:
       (2)(a) that is registered with the Division of Waste Management and Radiation Control, created in Subsection 19-1-105(1)(d);
       (2)(b) that receives, stores, and converts post-use polymers or recovered feedstock using advanced recycling;
       (2)(c) that is subject to applicable Department of Environmental Quality manufacturing regulations for air, water, waste, and land use; and
       (2)(d) for which the feedstock received by the manufacturing facility is source-separated, diverted, or recovered from municipal or other waste streams prior to acceptance at the facility. See Utah Code 19-6-502
• Advanced recycling product: means a recycled product produced at an advanced recycling facility, including:
       (3)(a) a monomer;
       (3)(b) an oligomer;
       (3)(c) a plastic;
       (3)(d) a chemical feedstock;
       (3)(e) a basic and unfinished chemical;
       (3)(f) a wax;
       (3)(g) a lubricant;
       (3)(h) a coating; or
       (3)(i) an adhesive. See Utah Code 19-6-502
• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• Beneficial use: includes the use of chipped tires:
            (2)(b)(i) as daily landfill cover;
            (2)(b)(ii) for civil engineering purposes;
            (2)(b)(iii) as low-density, light-weight aggregate fill; or
            (2)(b)(iv) for septic or drain field construction. See Utah Code 19-6-803
• Board: means the State Library Board created in Section 9-7-204. See Utah Code 9-7-101
• Board: means the Waste Management and Radiation Control Board created in Section 19-1-106. See Utah Code 19-6-402
• Board: means the Waste Management and Radiation Control Board appointed under Title 19, Chapter 6, Hazardous Substances. See Utah Code 19-6-601
• Board: means the Waste Management and Radiation Control Board created under Section 19-1-106. See Utah Code 19-6-803
• Certificate of compliance: means a certificate issued to a facility by the director:
       (5)(a) demonstrating that an owner or operator of a facility containing one or more petroleum storage tanks has met the requirements of this part; and
       (5)(b) listing petroleum storage tanks at the facility, specifying:

            (5)(b)(i) which tanks may receive petroleum; and

            (5)(b)(ii) which tanks have not met the requirements for compliance. See Utah Code 19-6-402
• Commission: means the Utah State Tax Commission. See Utah Code 19-6-803
• Commissioner: means the Commissioner of Financial Institutions. See Utah Code 7-1-103
• Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
• Contract: A legal written agreement that becomes binding when signed.
• control: means the power, directly or indirectly, or through or in concert with one or more persons, to:
       (5)(a) direct or exercise a controlling influence over:

            (5)(a)(i) the management or policies of a financial institution; or

            (5)(a)(ii) the election of a majority of the directors or trustees of an institution; or
       (5)(b) vote 25% or more of any class of voting securities of a financial institution. See Utah Code 7-1-103
• Costs: means money expended for:
       (10)(a) investigation;
       (10)(b) abatement action;
       (10)(c) corrective action;
       (10)(d) judgments, awards, and settlements for bodily injury or property damage to third parties;
       (10)(e) legal and claims adjusting costs incurred by the state in connection with judgments, awards, or settlements for bodily injury or property damage to third parties; or
       (10)(f) costs incurred by the state risk manager in determining the actuarial soundness of the fund. See Utah Code 19-6-402
• Covered by the fund: means the requirements of Section 19-6-424 have been met. See Utah Code 19-6-402
• Crumb rubber: means waste tires that have been ground, shredded, or otherwise reduced in size such that the particles are less than or equal to 3/4 inch in diameter and are 98% wire free by weight. See Utah Code 19-6-803
• Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
• Department: means the Department of Financial Institutions. See Utah Code 7-1-103
• Department: means the Department of Cultural and Community Engagement. See Utah Code 9-1-102
• Department: means the Department of Environmental Quality. See Utah Code 19-1-103
• Depolymerization: means a manufacturing process that breaks post-use polymers into smaller molecules to produce raw materials or products. See Utah Code 19-6-502
• Depository institution: means a bank, savings and loan association, savings bank, industrial bank, credit union, or other institution that:
       (8)(a) holds or receives deposits, savings, or share accounts;
       (8)(b) issues certificates of deposit; or
       (8)(c) provides to its customers other depository accounts that are subject to withdrawal by checks, drafts, or other instruments or by electronic means to effect third party payments. See Utah Code 7-1-103
• Depository institution holding company: means :
            (9)(a)(i) a person other than an individual that:

                 (9)(a)(i)(A) has control over a depository institution; or

                 (9)(a)(i)(B) becomes a holding company of a depository institution under Section 7-1-703; or
            (9)(a)(ii) a person other than an individual that the commissioner finds, after considering the specific circumstances, is exercising or is capable of exercising a controlling influence over a depository institution by means other than those specifically described in this section. See Utah Code 7-1-103
• Digital library: means the web-accessible digital library of state publications created under Section 9-7-208. See Utah Code 9-7-101
• Director: means the director of the Division of Environmental Response and Remediation. See Utah Code 19-6-402
• Director: means the director of the Division of Waste Management and Radiation Control. See Utah Code 19-6-601
• Director: means the director of the Division of Waste Management and Radiation Control. See Utah Code 19-6-803
• Disposal: means the deposit, dumping, or permanent placement of waste tire in or on land or in water in the state. See Utah Code 19-6-803
• Division: means the State Library Division. See Utah Code 9-7-101
• Division: means the Division of Waste Management and Radiation Control created in Section 19-1-105. See Utah Code 19-6-803
• Donor: The person who makes a gift.
• Equal: means , with respect to biological sex, of the same value. See Utah Code 68-3-12.5
• Executive director: means the executive director of the Department of Cultural and Community Engagement. See Utah Code 9-1-102
• Executive director: means the executive director of the department appointed pursuant to Section 19-1-104. See Utah Code 19-1-103
• Failing or failed depository institution: means a depository institution under the jurisdiction of the department:
       (1)(a) regarding which the commissioner makes a finding that any of the conditions set forth in Subsections 7-2-1(1)(a) through (k) exist;
       (1)(b) that meets the requirements of Subsection 7-2-1(1)(l);
       (1)(c) whose shareholders have consented to a supervisory action by the commissioner pursuant to Subsection 7-2-1(2); or
       (1)(d) which is in the possession of the commissioner, or any receiver or liquidator appointed by the commissioner, pursuant to Chapter 2, Possession of Depository Institution by Commissioner. See Utah Code 7-19-1
• Failing or failed depository institution holding company: means a depository institution holding company under the jurisdiction of the department:
       (2)(a) regarding which the commissioner makes a finding that any of the conditions set forth in Subsections 7-2-1(1)(a) through (k) exist;
       (2)(b) that meets the requirements of Subsection 7-2-1(1)(l);
       (2)(c) whose shareholders have consented to a supervisory action by the commissioner pursuant to Subsection 7-2-1(2);
       (2)(d) which is in the possession of the commissioner, or any receiver or liquidator appointed by the commissioner, pursuant to Chapter 2, Possession of Depository Institution by Commissioner; or
       (2)(e) whose subsidiary depository institution is a failing or failed depository institution. See Utah Code 7-19-1
• Fraud: Intentional deception resulting in injury to another.
• Fund: means the Petroleum Storage Tank Fund created in Section 19-6-409. See Utah Code 19-6-402
• Fund: means the Waste Tire Recycling Fund created in Section 19-6-807. See Utah Code 19-6-803
• Gasification: means a manufacturing process that:
       (5)(a) heats post-use polymers or recovered feedstock in an oxygen-controlled atmosphere; and
       (5)(b) following the process described in Subsection (5)(a), converts the polymers or recovered feedstock into syngas or a raw, intermediate, or final product. See Utah Code 19-6-502
• Governing body: means the governing board, commission, or council of a public entity. See Utah Code 19-6-502
• Highway: includes :
       (15)(a) a public bridge;
       (15)(b) a county way;
       (15)(c) a county road;
       (15)(d) a common road; and
       (15)(e) a state road. See Utah Code 68-3-12.5
• Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. ^{Source: FDIC}
• Institution: means :
       (19)(a) a corporation;
       (19)(b) a limited liability company;
       (19)(c) a partnership;
       (19)(d) a trust;
       (19)(e) an association;
       (19)(f) a joint venture;
       (19)(g) a pool;
       (19)(h) a syndicate;
       (19)(i) an unincorporated organization; or
       (19)(j) any form of business entity. See Utah Code 7-1-103
• 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.
• Jurisdiction: means the area within the incorporated limits of:
       (7)(a) a municipality;
       (7)(b) a special service district;
       (7)(c) a municipal-type service district;
       (7)(d) a service area; or
       (7)(e) the territorial area of a county not lying within a municipality. See Utah Code 19-6-502
• 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}
• Legislative publication: means :
       (6)(a) the Utah Code after the legislative staff office prepares an updated Utah Code database incorporating amendments to the Utah Code;
       (6)(b) the Laws of Utah; and
       (6)(c) the Utah Constitution after the legislative staff office incorporates into the Utah Constitution amendments to the Utah Constitution that passed during the preceding regular general election. See Utah Code 9-7-101
• Legislative staff office: means the Office of Legislative Research and General Counsel. See Utah Code 9-7-101
• Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
• Liquidator: means a person, agency, or instrumentality of this state or the United States appointed to conduct a liquidation. See Utah Code 7-1-103
• Local health department: means the local health department, as defined in Section 26A-1-102, with jurisdiction over the recycler. See Utah Code 19-6-803
• Long-term agreement: means an agreement or contract having a term of more than five years but less than 50 years. See Utah Code 19-6-502
• Mass balance attribution: means a chain of custody accounting methodology with rules defined by a third-party certification system that enables the attribution of the mass of advanced recycling feedstock to at least one advanced recycling product. See Utah Code 19-6-502
• Materials derived from waste tires: means tire sections, tire chips, tire shreddings, rubber, steel, fabric, or other similar materials derived from waste tires. See Utah Code 19-6-803
• Mobile facility: means a mobile facility capable of cutting waste tires on site so the waste tires may be effectively disposed of by burial, such as in a landfill. See Utah Code 19-6-803
• Month: means a calendar month, unless otherwise expressed. See Utah Code 68-3-12.5
• Municipal residential waste: means solid waste that is:
       (10)(a) discarded or rejected at a residence within the public entity's jurisdiction; and
       (10)(b) collected at or near the residence by:

            (10)(b)(i) a public entity; or

            (10)(b)(ii) a person with whom the public entity has as an agreement to provide solid waste management. See Utah Code 19-6-502
• Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
• Operator: means a person in control of or who is responsible on a daily basis for the maintenance of a petroleum storage tank that is in use for the storage, use, or dispensing of a regulated substance. See Utah Code 19-6-402
• Out-of-state: means , in reference to a depository institution or depository institution holding company, an institution or company whose home state is not Utah. See Utah Code 7-1-103
• Owner: means :
       (19)(a) in the case of an underground storage tank in use on or after November 8, 1984, a person who owns an underground storage tank used for the storage, use, or dispensing of a regulated substance;
       (19)(b) in the case of an underground storage tank in use before November 8, 1984, but not in use on or after November 8, 1984, a person who owned the tank immediately before the discontinuance of its use for the storage, use, or dispensing of a regulated substance; and
       (19)(c) in the case of an aboveground petroleum storage tank, a person who owns the aboveground petroleum storage tank. See Utah Code 19-6-402
• Person: means :
       (27)(a) an individual;
       (27)(b) a corporation;
       (27)(c) a limited liability company;
       (27)(d) a partnership;
       (27)(e) a trust;
       (27)(f) an association;
       (27)(g) a joint venture;
       (27)(h) a pool;
       (27)(i) a syndicate;
       (27)(j) a sole proprietorship;
       (27)(k) an unincorporated organization; or
       (27)(l) any form of business entity. See Utah Code 7-1-103
• Person: means an individual, trust, firm, estate, company, corporation, partnership, association, state, state or federal agency or entity, municipality, commission, or political subdivision of a state. See Utah Code 19-1-103
• Petroleum: includes crude oil or a fraction of crude oil that is liquid at:
       (20)(a) 60 degrees Fahrenheit; and
       (20)(b) a pressure of 14. See Utah Code 19-6-402
• Petroleum storage tank: means a tank that:
       (21)(a) is an underground storage tank;
       (21)(b) is an aboveground petroleum storage tank; or
       (21)(c) is a tank containing regulated substances that is voluntarily submitted for participation in the Petroleum Storage Tank Fund under Section 19-6-415. See Utah Code 19-6-402
• Physical format: means a transportable medium in which analog or digital information is published, such as print, microform, magnetic disk, or optical disk. See Utah Code 9-7-101
• Political subdivision: means a county, city, town, school district, public transit district, redevelopment agency, or special improvement or taxing district. See Utah Code 9-7-101
• Process: means a writ or summons issued in the course of a judicial proceeding. See Utah Code 68-3-12.5
• Program: means the Environmental Assurance Program under Section Utah Code 19-6-402
• Property: includes both real and personal property. See Utah Code 68-3-12.5
• Public entity: means :
       (13)(a) a county;
       (13)(b) a municipality;
       (13)(c) a special service district under Title 17D, Chapter 1, Special Service District Act;
       (13)(d) a service area under Title 17B, Chapter 2a, Part 9, Service Area Act; or
       (13)(e) a municipal-type service district created under Title 17, Chapter 34, Municipal-Type Services to Unincorporated Areas. See Utah Code 19-6-502
• Pyrolysis: means a manufacturing process that:
       (14)(a) heats post-use polymers or recovered feedstock, without oxygen, until melted and thermally decomposed; and
       (14)(b) following the process described in Subsection (14)(a), cools, condenses, and converts post-use polymers or recovered feedstock into raw materials and intermediate and final products. See Utah Code 19-6-502
• Quorum: The number of legislators that must be present to do business.
• Receiver: means a person, agency, or instrumentality of this state or the United States appointed to administer and manage an institution subject to the jurisdiction of the department in receivership, as provided in Chapter 2, Possession of Depository Institution by Commissioner, and Chapter 19, Acquisition of Failing Depository Institutions or Holding Companies. See Utah Code 7-1-103
• Recovered feedstock: means a material:
            (15)(a)(i) that includes post-use polymers;
            (15)(a)(ii) for which the United States Environmental Protection Agency made a non-waste determination or has otherwise determined is feedstock and solid waste; or
            (15)(a)(iii) that is converted using an advanced recycling process after storage of less than 270 days. See Utah Code 19-6-502
• Recycler: means a person who:
       (20)(a) annually uses, or can reasonably be expected within the next year to use, a minimum of 100,000 waste tires generated in the state or 1,000 tons of waste tires generated in the state to recover energy or produce energy, crumb rubber, chipped tires, or an ultimate product; and
       (20)(b) is registered as a recycler in accordance with Section 19-6-806. See Utah Code 19-6-803
• Recycling fee: means the fee provided for in Section 19-6-805. See Utah Code 19-6-803
• Release: means spilling, leaking, emitting, discharging, escaping, leaching, or disposing a regulated substance from a petroleum storage tank into ground water, surface water, or subsurface soils. See Utah Code 19-6-402
• Requirement: means an ordinance, policy, rule, mandate, or other directive that imposes a legal duty on a person. See Utah Code 19-6-502
• Residence: means an improvement to real property used or occupied as a primary or secondary detached single-family dwelling. See Utah Code 19-6-502
• Resource recovery: means the separation, extraction, recycling, or recovery of usable material, energy, fuel, or heat from solid waste and the disposition of it. See Utah Code 19-6-502
• Responsible party: is a s defined in Subsections (27)(a)(i), (ii), and (iii) does not include:
            (27)(b)(i) a person who is not an operator and, without participating in the management of a facility and otherwise not engaged in petroleum production, refining, and marketing, holds indicia of ownership:

                 (27)(b)(i)(A) primarily to protect the person's security interest in the facility; or

                 (27)(b)(i)(B) as a fiduciary or custodian under Title 75, Utah Uniform Probate Code, or under an employee benefit plan; or
            (27)(b)(ii) governmental ownership or control of property by involuntary transfers as provided in CERCLA Section 101(20)(D), Utah Code 19-6-402
• Road: includes :
       (33)(a) a public bridge;
       (33)(b) a county way;
       (33)(c) a county road;
       (33)(d) a common road; and
       (33)(e) a state road. See Utah Code 68-3-12.5
• Solid waste: means a putrescible or nonputrescible material or substance discarded or rejected as being spent, useless, worthless, or in excess of the owner's needs at the time of discard or rejection, including:
            (21)(a)(i) garbage;
            (21)(a)(ii) refuse;
            (21)(a)(iii) industrial and commercial waste;
            (21)(a)(iv) sludge from an air or water control facility;
            (21)(a)(v) rubbish;
            (21)(a)(vi) ash;
            (21)(a)(vii) contained gaseous material;
            (21)(a)(viii) incinerator residue;
            (21)(a)(ix) demolition and construction debris;
            (21)(a)(x) a discarded automobile; and
            (21)(a)(xi) offal. See Utah Code 19-6-502
• Solid waste management: means the purposeful and systematic collection, transportation, storage, processing, recovery, or disposal of solid waste. See Utah Code 19-6-502
• Solid waste management facility: means a facility employed for solid waste management, including:
            (23)(a)(i) a transfer station;
            (23)(a)(ii) a transport system;
            (23)(a)(iii) a baling facility;
            (23)(a)(iv) a landfill; and
            (23)(a)(v) a processing system, including:

                 (23)(a)(v)(A) a resource recovery facility;

                 (23)(a)(v)(B) a facility for reducing solid waste volume;

                 (23)(a)(v)(C) a plant or facility for compacting, or composting, of solid waste;

                 (23)(a)(v)(D) an incinerator;

                 (23)(a)(v)(E) a solid waste disposal, reduction, pyrolization, or conversion facility;

                 (23)(a)(v)(F) a facility for resource recovery of energy consisting of:

                      (23)(a)(v)(F)(I) a facility for the production, transmission, distribution, and sale of heat and steam;

                      (23)(a)(v)(F)(II) a facility for the generation and sale of electric energy to a public utility, municipality, or other public entity that owns and operates an electric power system on March 15, 1982; and

                      (23)(a)(v)(F)(III) a facility for the generation, sale, and transmission of electric energy on an emergency basis only to a military installation of the United States; and

                 (23)(a)(v)(G) an auxiliary energy facility that is connected to a facility for resource recovery of energy as described in Subsection (23)(a)(v)(F), that:

                      (23)(a)(v)(G)(I) is fueled by natural gas, landfill gas, or both;

                      (23)(a)(v)(G)(II) consists of a facility for the production, transmission, distribution, and sale of supplemental heat and steam to meet all or a portion of the heat and steam requirements of a military installation of the United States; and

                      (23)(a)(v)(G)(III) consists of a facility for the generation, transmission, distribution, and sale of electric energy to a public utility, a municipality described in Subsection (23)(a)(v)(F)(II), or a political subdivision created under Title 11, Chapter 13, Interlocal Cooperation Act. See Utah Code 19-6-502
• Solvolysis: means a manufacturing process that:
       (24)(a) purifies post-use polymers using solvents, while heated at low temperatures or pressurized, allowing additives and contaminants to be removed;
       (24)(b) uses technology, including:

            (24)(b)(i) hydrolysis;

            (24)(b)(ii) aminolysis;

            (24)(b)(iii) ammonoloysis;

            (24)(b)(iv) methanoloysis; or

            (24)(b)(v) glycolysis; and
       (24)(c) manufactures products, including:

            (24)(c)(i) monomers;

            (24)(c)(ii) intermediates;

            (24)(c)(iii) valuable chemicals;

            (24)(c)(iv) chemical feedstock; or

            (24)(c)(v) raw materials. See Utah Code 19-6-502
• State: means , unless the context demands otherwise:
       (33)(a) a state;
       (33)(b) the District of Columbia; or
       (33)(c) the territories of the United States. See Utah Code 7-1-103
• 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
• State agency: means :
            (10)(a)(i) the state; or
            (10)(a)(ii) an office, department, division or other agency or instrumentality of the state. See Utah Code 9-7-101
• State institution of higher education: means an institution described in Section 53B-2-101 or any other university or college that is established and maintained by the state. See Utah Code 9-7-101
• State publication: includes a book, compilation, directory, map, fact sheet, newsletter, brochure, bulletin, journal, magazine, pamphlet, periodical, report, video recording, and electronic publication. See Utah Code 9-7-101
• Storage: means the placement of waste tires in a manner that does not constitute disposal of the waste tires. See Utah Code 19-6-803
• Store: means to place waste tires in a manner that does not constitute disposal of the waste tires. See Utah Code 19-6-803
• Subsidiary: means a business entity under the control of an institution. See Utah Code 7-1-103
• Supervisory acquisition: means the acquisition of control, the acquisition of all or a portion of the assets, or the assumption of all or a portion of the liabilities, pursuant to Section 7-2-1, 7-2-12, or 7-2-18, of a failing or failed depository institution or a failing or failed depository institution holding company, whether or not in the possession of the commissioner, by:
       (3)(a) a Utah depository institution;
       (3)(b) an out-of-state depository institution;
       (3)(c) a Utah depository institution holding company; or
       (3)(d) an out-of-state depository institution holding company. See Utah Code 7-19-1
• Supervisory merger: means the merger or consolidation, pursuant to Section 7-2-1, 7-2-12, or 7-2-18 of a failing or failed depository institution or a failing or failed depository institution holding company, whether or not in the possession of the commissioner, with:
       (4)(a) a Utah depository institution;
       (4)(b) an out-of-state depository institution;
       (4)(c) a Utah depository institution holding company; or
       (4)(d) an out-of-state depository institution holding company. See Utah Code 7-19-1
• Third-party certification system: means an international or multinational third-party certification system of rules to implement mass balance attribution approaches for advanced recycling, including:
       (25)(a) International Sustainability and Carbon Certification;
       (25)(b) Underwriter Laboratories;
       (25)(c) SCS Recycled Content;
       (25)(d) Roundtable on Sustainable Biomaterials;
       (25)(e) Ecoloop; or
       (25)(f) REDcert2. See Utah Code 19-6-502
• Tire: means a pneumatic rubber covering designed to encircle the wheel of a vehicle in which a person or property is or may be transported or drawn upon a highway. See Utah Code 19-6-803
• Tire retailer: means a person engaged in the business of selling new tires either as replacement tires or as part of a new vehicle sale. See Utah Code 19-6-803
• Ultimate product: includes pyrolized materials derived from:
            (28)(b)(i) waste tires; or
            (28)(b)(ii) chipped tires. See Utah Code 19-6-803
• Underground storage tank: means a tank regulated under Subtitle I, Resource Conservation and Recovery Act, Utah Code 19-6-402
• United States: includes each state, district, and territory of the United States of America. See Utah Code 68-3-12.5
• Utah depository institution: means a depository institution whose home state is Utah. See Utah Code 7-1-103
• Utah depository institution holding company: means a depository institution holding company whose home state is Utah. See Utah Code 7-1-103
• Venue: The geographical location in which a case is tried.
• Waste tire: means :
       (29)(a) a tire that is no longer suitable for the tire's original intended purpose because of wear, damage, or defect; or
       (29)(b) a tire that a tire retailer removes from a vehicle for replacement with a new or used tire. See Utah Code 19-6-803
• Waste tire pile: means a pile of 200 or more waste tires at one location. See Utah Code 19-6-803
• Writing: includes :
       (48)(a) printing;
       (48)(b) handwriting; and
       (48)(c) information stored in an electronic or other medium if the information is retrievable in a perceivable format. See Utah Code 68-3-12.5