2016 Utah Code
Title 16 - Corporations
Chapter 4 - Share Assessment Act
Part 1 - General Provisions
Section 102 - Definitions.

UT Code § 16-4-102 (2016) What's This?
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

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