Terms Used In Utah Code > Title 15A > Chapter 3 > Part 10 - Statewide Amendments to International Swimming Pool and Spa Code

• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• Authority board: means the board of directors of a local building authority, as described in Section 17D-2-203. See Utah Code 17D-2-102
• Bond: includes a bond, note, or other instrument issued under this chapter evidencing an indebtedness of a local building authority. See Utah Code 17D-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.
• Creating local entity: means the local entity that creates or created the local building authority. See Utah Code 17D-2-102
• Governing body: means :

  (a)	for a county, city, or town, the legislative body of the county, city, or town;

  (b)	for a school district, the local school board for the school district;

  (c)	for a special district, the special district's board of trustees; and

  (d)

  for a special service district, the special service district's governing body, as defined in Section 17D-1-102. See Utah Code 17D-2-102 Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC Local entity: means a county, city, town, school district, special district, or special service district. See Utah Code 17D-2-102 Person: means :Utah Code 68-3-12.5 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