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Form a Business

Definitions.

Utah Code § 16-4-102
in effect
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16-4-102. Definitions. As used in this chapter: (1) "Corporation" means a nonprofit corporation or a profit corporation. (2) "Nonprofit corporation" means a nonprofit corporation as defined in Section 16-6a-102. (3) "Profit corporation" means a corporation as defined in Section 16-10a-102. (4) "Share" means a share as defined in: (a) Section 16-6a-102 for a nonprofit corporation; and (b) Section 16-10a-102 for a profit corporation. (5) "Water company" means a corporation in which a shareholder has the right, based on the shareholder's shares, to receive a proportionate share of water delivered by the corporation. Amended by Chapter 249, 2008 General Session Amended by Chapter 250, 2008 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title16/Chapter4/16-4-S102.html?v=C16-4-S102_1800010118000101Fetched: 10/26/2026

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