Utah Code 16-13-12. Licensing, supervision, and examination by commissioner of financial institutions — Fees
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Terms Used In Utah Code 16-13-12
- 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.
A development corporation shall be licensed, supervised, and examined by the commissioner of financial institutions and shall make such report of its condition from time to time as the commissioner shall require. A development corporation shall pay a fee determined by the commissioner pursuant to Section 63J-1-504 for a license and for each examination.
Amended by Chapter 183, 2009 General Session