63G-27-102.  Definitions.
     As used in this chapter:

(1)  “Boycott action” means refusing to deal, terminating business activities, or limiting commercial relations.

Terms Used In Utah Code 63G-27-102

  • Boycott action: means refusing to deal, terminating business activities, or limiting commercial relations. See Utah Code 63G-27-102
  • Boycotted company: means a company that:
(a) engages in the exploration, production, utilization, transportation, sale, or manufacture of fossil fuel-based energy, timber, mining, or agriculture;
(b) engages in, facilitates, or supports the manufacture, distribution, sale, or use of firearms;
(c) does not meet or commit to meet environmental standards, including standards for eliminating, reducing, offsetting, or disclosing greenhouse gas-emissions, beyond applicable state and federal law requirements; or
(d) does not facilitate or commit to facilitate access to abortion or sex characteristic surgical procedures. See Utah Code 63G-27-102
  • Company: includes any wholly-owned subsidiary, majority-owned subsidiary, parent company, or affiliate of an entity described in Subsection (4)(a). See Utah Code 63G-27-102
  • 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.
  • Ordinary business purpose: means a purpose that is related to business operations. See Utah Code 63G-27-102
  • 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.
  • 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)  “Boycott of the State of Israel” means engaging in a boycott action targeting:

    (a)  the State of Israel; and

    (b) 

    (i)  companies or individuals doing business in or with the State of Israel; or

    (ii)  companies authorized by, licensed by, or organized under the laws of the State of Israel to do business.

    (3)  “Boycotted company” means a company that:

    (a)  engages in the exploration, production, utilization, transportation, sale, or manufacture of fossil fuel-based energy, timber, mining, or agriculture;

    (b)  engages in, facilitates, or supports the manufacture, distribution, sale, or use of firearms;

    (c)  does not meet or commit to meet environmental standards, including standards for eliminating, reducing, offsetting, or disclosing greenhouse gas-emissions, beyond applicable state and federal law requirements; or

    (d)  does not facilitate or commit to facilitate access to abortion or sex characteristic surgical procedures.

    (4) 

    (a)  “Company” means a corporation, partnership, limited liability company, or similar entity.

    (b)  “Company” includes any wholly-owned subsidiary, majority-owned subsidiary, parent company, or affiliate of an entity described in Subsection (4)(a).

    (5)  “Economic boycott” means, without an ordinary business purpose:

    (a)  engaging in a boycott action targeting:

    (i)  a boycotted company; or

    (ii)  another company because the company does business with a boycotted company; or

    (b)  taking an action intended to penalize, inflict economic harm to, or change or limit the activities of:

    (i)  a boycotted company; or

    (ii)  another company because the company does business with a boycotted company.

    (6) 

    (a)  “Ordinary business purpose” means a purpose that is related to business operations.

    (b)  “Ordinary business purpose” does not include a purpose that is solely related to furthering social, political, or ideological interests.

    (7)  “Public entity” means the state or a political subdivision of the state, including each department, division, office, board, commission, council, authority, or institution of the state or a political subdivision of the state.

    Amended by Chapter 243, 2023 General Session

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