63E-1-103.  Registration as a limited purpose entity.

(1)  Each independent entity shall register and maintain the independent entity’s registration as a limited purpose entity, in accordance with Section 67-1a-15.

Terms Used In Utah Code 63E-1-103

  • Independent entity: means an entity having a public purpose relating to the state or its citizens that is individually created by the state or is given by the state the right to exist and conduct its affairs as an:
(i) independent state agency; or
(ii) independent corporation. See Utah Code 63E-1-102
  • 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
    • (2)  An independent entity that fails to comply with Subsection (1) or Section 67-1a-15 is subject to enforcement by the state auditor, in accordance with Section 67-3-1.

    Enacted by Chapter 256, 2018 General Session

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