Terms Used In Utah Code > Title 19 > Chapter 12 > Part 2 - Sales and Use Tax Provisions

• Air pollution: means the same as that term is defined in Section 19-2-102. See Utah Code 19-12-102
• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• Certified investment adviser: means a federal covered adviser, as defined in Section 61-1-13, or an investment adviser, as defined in Section 61-1-13, who is certified by the director as having met the applicable criteria of council rule. See Utah Code 51-7-3
• Council: means the State Money Management Council created by Section 51-7-16. See Utah Code 51-7-3
• Director: means :

  (a)	for purposes of an application or certification under this chapter related to air pollution, the director of the Division of Air Quality; or

  (b)

  for purposes of an application or certification under this chapter related to water pollution, the director of the Division of Water Quality. See Utah Code 19-12-102 Endowment funds: means gifts, devises, or bequests of property of any kind donated to a higher education institution from any source. See Utah Code 51-7-3 Freestanding pollution control property: means tangible personal property located in the state, regardless of whether a purchaser purchases the tangible personal property voluntarily or to comply with a requirement of a governmental entity, if: (i)  the primary purpose of the tangible personal property is the prevention, control, or reduction of air or water pollution by: (A)  the disposal or elimination of, or redesign to eliminate, waste, and the use of treatment works for industrial waste; or (B)  the disposal, elimination, or reduction of, or redesign to eliminate or reduce, air pollutants, air pollution, or air contamination sources, and the use of one or more air cleaning devices; and (ii)  the tangible personal property is not used at, in the construction of, or incorporated into a pollution control facility. See Utah Code 19-12-102 Governmental Accounting Standards Board: means the Governmental Accounting Standards Board that is responsible for accounting standards used by public entities. See Utah Code 51-7-3 Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC 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. 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 government: means a county, municipality, school district, special district under Title 17B, Limited Purpose Local Government Entities - Special Districts, special service district under Title 17D, Chapter 1, Special Service District Act, or any other political subdivision of the state. See Utah Code 51-7-3 Month: means a calendar month, unless otherwise expressed. See Utah Code 68-3-12.5 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. Person: means an individual, trust, firm, estate, company, corporation, partnership, association, state, state or federal agency or entity, municipality, commission, or political subdivision of a state. See Utah Code 19-1-103 Personal property: includes :Utah Code 68-3-12.5 Personal property: All property that is not real property. Pollution control facility: includes : (i)  an addition to real property described in Subsection (6)(a); (ii)  the reconstruction of real property described in Subsection (6)(a); or (iii)  an improvement to real property described in Subsection (6)(a). See Utah Code 19-12-102 Property: includes both real and personal property. See Utah Code 68-3-12.5 Public treasurer: includes the state treasurer and the official of any state board, commission, institution, department, division, agency, or other similar instrumentality, or of any county, city, school district, charter school, political subdivision, or other public body who has the responsibility for the safekeeping and investment of any public funds. See Utah Code 51-7-3 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 Treatment works: means the same as that term is defined in Section 19-5-102. See Utah Code 19-12-102 Waste: means the same as that term is defined in Section 19-5-102. See Utah Code 19-12-102