Utah Code 63E-2-102. Independent corporations
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Terms Used In Utah Code 63E-2-102
- 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.
- 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
- Statute: A law passed by a legislature.
An independent corporation is granted a franchise to incorporate in this state in accordance with this title and its authorizing statute.
Enacted by Chapter 201, 2001 General Session