Utah Code 16-4-102. Definitions

As used in this chapter:

(1)	“Corporation” means a nonprofit corporation or a profit corporation.

Corporation: means a nonprofit corporation or a profit corporation. See Utah Code 16-4-102
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.
Nonprofit corporation: means a nonprofit corporation as defined in Section 16-6a-102. See Utah Code 16-4-102
Profit corporation: means a corporation as defined in Section 16-10a-102. See Utah Code 16-4-102
Share: means a share as defined in:

(a)	Section 16-6a-102 for a nonprofit corporation; and

(b)	Section 16-10a-102 for a profit corporation. See Utah Code 16-4-102
(2)	“Nonprofit corporation” means a nonprofit corporation as defined in Section 16-6a-102.

(3)	“Profit corporation” means a corporation as defined in Section 16-10a-102.

(4)

“Share” means a share as defined in:

(a)	Section 16-6a-102 for a nonprofit corporation; and

(b)	Section 16-10a-102 for a profit corporation.

(5)	“Water company” means a corporation in which a shareholder has the right, based on the shareholder’s shares, to receive a proportionate share of water delivered by the corporation.

Amended by Chapter 249, 2008 General Session
Amended by Chapter 250, 2008 General Session