Terms Used In Utah Code > Title 34A > Chapter 2 > Part 10 - Workers' Compensation Coverage Waivers Act

• Business entity: means :

  (a)	a sole proprietorship;

  (b)	a corporation;

  (c)	a partnership;

  (d)	a limited liability company; or

  (e)

  an entity similar to one described in Subsections (1)(a) through (d). See Utah Code 34A-2-1002 Commission: means the Outdoor Adventure Commission. See Utah Code 73-18-2 Compensation: means the payments and benefits provided for in this chapter or Chapter 3, Utah Occupational Disease Act. See Utah Code 34A-2-102 Consideration: means something of value given or done in exchange for something given or done by another. See Utah Code 73-18-2 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. Director: means the director of the division, unless the context requires otherwise. See Utah Code 34A-2-102 Division: means the Division of Outdoor Recreation. See Utah Code 73-18-2 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 Lien: A claim against real or personal property in satisfaction of a debt. Motorboat: means any vessel propelled by machinery, whether or not the machinery is the principal source of propulsion. See Utah Code 73-18-2 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. Owner: includes a person entitled to the use or possession of a vessel subject to an interest by another person, reserved or created by agreement and securing payment or performance of an obligation. See Utah Code 73-18-2 Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses. Person: means :Utah Code 68-3-12.5 Property: includes both real and personal property. See 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 Vessel: means every type of watercraft, other than a seaplane on the water, used or capable of being used as a means of transportation on water. See Utah Code 73-18-2 Waiver: means a workers' compensation coverage waiver issued under this part. See Utah Code 34A-2-1002 Waters of this state: means any waters within the territorial limits of this state. See Utah Code 73-18-2