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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.
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.
Waiver: means a workers' compensation coverage waiver issued under this part. See Utah Code 34A-2-1002
(a)
a sole proprietorship;
(b)
a corporation;
(c)
a partnership;
(d)
a limited liability company; or
(e)
an entity similar to one described in Subsections (1)(a) through (d).
(2)
“Waiver” means a workers’ compensation coverage waiver issued under this part.
