Terms Used In Utah Code 56-1-2

  • 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.
     The articles of incorporation of a railroad corporation proposing to purchase or construct a railroad shall include, in addition to the matters required to be stated in the articles of incorporation of corporations organized for pecuniary profit, the names of the places between which and of the counties through or in which such railroad lies or will be constructed, and a statement of its length as near as may be.

No Change Since 1953