Terms Used In Utah Code > Title 31A > Chapter 7 > Part 5 - Miscellaneous Provisions

• 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.
• Federal credit: means the maximum amount of the credit for state death taxes allowed by Section 2011 in respect to a decedent's taxable estate. See Utah Code 59-11-102
• Nonresident: means a decedent who was domiciled outside of this state at the time of death. See Utah Code 59-11-102
• Other state: means any state in the United States other than this state, the District of Columbia, or any possession or territory of the United States. See Utah Code 59-11-102
• Personal property: includes :Utah Code 68-3-12.5
• Personal property: All property that is not real property.
• Property: includes both real and personal property. See Utah Code 68-3-12.5
• Resident: means a decedent who was domiciled in this state at the time of death. See Utah Code 59-11-102
• 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
• Taxable estate: means "taxable estate" as defined in Section 2051, Internal Revenue Code. See Utah Code 59-11-102
• Transfer: means "transfer" as described in Section 2001, Internal Revenue Code. See Utah Code 59-11-102