§ 16-10a-601 Authorized shares
§ 16-10a-602 Terms of class or series determined by board of directors
§ 16-10a-603 Issued and outstanding shares
§ 16-10a-604 Fractional shares
§ 16-10a-620 Subscriptions for shares
§ 16-10a-621 Issuance of shares
§ 16-10a-622 Liability of shareholders
§ 16-10a-623 Share dividends
§ 16-10a-624 Share options and other rights
§ 16-10a-625 Form and content of certificates
§ 16-10a-626 Shares without certificates
§ 16-10a-627 Restrictions on transfer or registration of shares or other securities
§ 16-10a-628 Expense of issue
§ 16-10a-630 Shareholders’ preemptive rights
§ 16-10a-631 Corporation’s acquisition of its own shares
§ 16-10a-640 Distributions to shareholders
§ 16-10a-641 Unclaimed distributions

Terms Used In Utah Code > Title 16 > Chapter 10a > Part 6 - Shares and Distributions

  • Address: includes :
    (i) a post office box number;
    (ii) a rural free delivery route number; and
    (iii) a street name and number. See Utah Code 16-10a-102
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Arrest: Taking physical custody of a person by lawful authority.
  • Articles of incorporation: include :
    (a) amended and restated articles of incorporation;
    (b) articles of merger; and
    (c) a document of a similar import to those described in Subsections (4)(a) and (b). See Utah Code 16-10a-102
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Assignment: includes any written stock power, bond power, bill of sale, deed, declaration of trust or other instrument of transfer. See Utah Code 22-5-2
  • Authorized shares: means the shares of all classes a domestic or foreign corporation is authorized to issue. See Utah Code 16-10a-102
  • Board: means the Wildlife Board. See Utah Code 23-27-102
  • Board: means a local board of health established under Section 26A-1-109. See Utah Code 26A-1-102
  • Bylaws: includes amended bylaws and restated bylaws. See Utah Code 16-10a-102
  • City: includes , depending on population, a metro township as defined in Section 10-3c-102. See Utah Code 68-3-12.5
  • Contract: A legal written agreement that becomes binding when signed.
  • Conveyance: includes a motor vehicle, a vessel, a motorboat, a sailboat, a personal watercraft, a container, a trailer, a live well, or a bilge area. See Utah Code 23-27-102
  • Corporation: means a private or public corporation, association or trust issuing a security. See Utah Code 22-5-2
  • 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.
  • County executive: means :Utah Code 68-3-12.5
  • County governing body: means one of the types of county government provided for in 2. See Utah Code 26A-1-102
  • County health department: means a local health department that serves a county and municipalities located within that county. See Utah Code 26A-1-102
  • County legislative body: means :Utah Code 68-3-12.5
  • Decontaminate: means to:
    (a) drain and dry all non-treated water; and
    (b) chemically or thermally treat in accordance with rule. See Utah Code 23-27-102
  • Deliver: includes delivery by mail or another means of transmission authorized by Section 16-10a-103, except that delivery to the division means actual receipt by the division. See Utah Code 16-10a-102
  • Department: means the Department of Health and Human Services created in Section 26B-1-201. See Utah Code 26A-1-102
  • Dependent: A person dependent for support upon another.
  • Director: means the director of the division. See Utah Code 23-27-102
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Distribution: means the following by a corporation to or for the benefit of its shareholders in respect of any of the corporation's shares:
    (i) a direct or indirect transfer of money or other property, other than a corporation's own shares; or
    (ii) incurrence of indebtedness by the corporation. See Utah Code 16-10a-102
  • Division: means the Division of Wildlife Resources. See Utah Code 23-27-102
  • Division: means the Division of Corporations and Commercial Code. See Utah Code 16-10a-102
  • Dreissena mussel: means a mussel of the genus Dreissena at any life stage, including a zebra mussel, a quagga mussel, and Conrad's false mussel. See Utah Code 23-27-102
  • Employee: includes an officer but not a director, unless the director accepts a duty that makes that director also an employee. See Utah Code 16-10a-102
  • Equipment: means an article, tool, implement, or device capable of carrying or containing:
    (a) water; or
    (b) a Dreissena mussel. See Utah Code 23-27-102
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Executive director: means the executive director of the Department of Natural Resources. See Utah Code 23-27-102
  • Facility: means a structure that is located within or adjacent to a water body. See Utah Code 23-27-102
  • Fiduciary: means an executor, administrator, trustee, guardian, committee, conservator, curator, tutor, custodian or nominee. See Utah Code 22-5-2
  • Fiduciary: A trustee, executor, or administrator.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Highway: includes :Utah Code 68-3-12.5
  • Infested water: means a geographic region, water body, facility, or water supply system within or outside the state that the board identifies in rule as carrying or containing a Dreissena mussel. See Utah Code 23-27-102
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.
  • Joint resolution: A legislative measure which requires the approval of both chambers.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Local health department: means :
    (a) a single county local health department;
    (b) a multicounty local health department;
    (c) a united local health department; or
    (d) a multicounty united local health department. See Utah Code 26A-1-102
  • Mental health authority: means a local mental health authority created in Section 17-43-301. See Utah Code 26A-1-102
  • Multicounty local health department: means a local health department that is formed under Section 26A-1-105 and that serves two or more contiguous counties and municipalities within those counties. See Utah Code 26A-1-102
  • Multicounty united local health department: means a united local health department that is formed under Section 26A-1-105. See Utah Code 26A-1-102
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Order of constraint: includes a stay-at-home order. See Utah Code 26A-1-102
  • Person: includes an individual, a corporation, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, two or more persons having a joint or common interest, or any other legal or commercial entity. See Utah Code 22-5-2
  • Person: means :Utah Code 68-3-12.5
  • Property: includes both real and personal property. See Utah Code 68-3-12.5
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Public health emergency: means the same as that term is defined in Section 26B-7-301. See Utah Code 26A-1-102
  • Quorum: The number of legislators that must be present to do business.
  • Receive: when used in reference to receipt of a writing or other document by a domestic or foreign corporation, means the writing or other document is actually received by:
    (a) the corporation at its:
    (i) registered office in this state; or
    (ii) principal office;
    (b) the secretary of the corporation, wherever the secretary is found; or
    (c) another person authorized by the bylaws or the board of directors to receive the writing or other document, wherever that person is found. See Utah Code 16-10a-102
  • Record date: means the date established under 6, or 7, on which a corporation determines the identity of its shareholders. See Utah Code 16-10a-102
  • Security: includes any share of stock, bond, debenture, note or other security issued by a corporation which is registered as to ownership on the books of the corporation. See Utah Code 22-5-2
  • Share: means the unit into which the proprietary interests in a corporation are divided. See Utah Code 16-10a-102
  • Shareholder: means :
    (i) the person in whose name a share is registered in the records of a corporation; or
    (ii) the beneficial owner of a share to the extent recognized pursuant to Section 16-10a-723. See Utah Code 16-10a-102
  • Signature: includes a name, mark, or sign written with the intent to authenticate an instrument or writing. See Utah Code 68-3-12.5
  • Single county local health department: means a local health department that is created by the governing body of one county to provide services to the county and the municipalities within that county. See Utah Code 26A-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
  • Statute: A law passed by a legislature.
  • Stay-at-home order: means an order of constraint that:
    (a) restricts movement of the general population to suppress or mitigate an epidemic or pandemic disease by directing individuals within a defined geographic area to remain in their respective residences; and
    (b) may include exceptions for certain essential tasks. See Utah Code 26A-1-102
  • Subscriber: means a person who subscribes for shares in a corporation, whether before or after incorporation. See Utah Code 16-10a-102
  • Substance abuse authority: means a local substance abuse authority created in Section 17-43-201. See Utah Code 26A-1-102
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.
  • Transfer: means a change on the books of a corporation in the registered ownership of a security. See Utah Code 22-5-2
  • Transfer agent: means a person employed or authorized by a corporation to transfer securities issued by the corporation. See Utah Code 22-5-2
  • Trustee: A person or institution holding and administering property in trust.
  • United States: includes each state, district, and territory of the United States of America. See Utah Code 68-3-12.5
  • Vessel: means the same as that term is defined in Section 73-18-2. See Utah Code 23-27-102
  • Veto: The procedure established under the Constitution by which the President/Governor refuses to approve a bill or joint resolution and thus prevents its enactment into law. A regular veto occurs when the President/Governor returns the legislation to the house in which it originated. The President/Governor usually returns a vetoed bill with a message indicating his reasons for rejecting the measure. In Congress, the veto can be overridden only by a two-thirds vote in both the Senate and the House.
  • Water body: means natural or impounded surface water, including a stream, river, spring, lake, reservoir, pond, wetland, tank, and fountain. See Utah Code 23-27-102
  • Water supply system: includes a pump, canal, ditch, or pipeline. See Utah Code 23-27-102
  • Writing: includes :Utah Code 68-3-12.5