Utah Code 76-10-701. Definitions

As used in this part:

(1)	“Bona fide stockholder of record” means a stockholder of record who has acquired stock in good faith and is acting for a proper purpose reasonably related to his interests as a stockholder.

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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.

(2)	“Director” means any of the persons having by law the direction or management of the affairs of a corporation, by whatever name the persons are described in its charter or known by law.

Enacted by Chapter 196, 1973 General Session