Utah Code -- Title 16 -- Chapter 13 -- Business Development Corporations

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Updated: 8 October 2008

16-13-1    Organization of development corporations under Utah Revised Business Corporation Act -- Corporate name.

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16-13-2    Definitions.

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16-13-3    Purposes of development corporation.

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16-13-4    General powers of business development corporation.

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16-13-5    Bonds or securities, capital stock of development corporations -- Authority to purchase, hold or dispose of -- Rights of holders -- Rights of financial institutions.

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16-13-8    Board of directors -- Number and election of members.

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16-13-9    Requirement before commencing business -- Cash consideration for shares -- Minimum stated capital.

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16-13-10    Amount of net earnings set apart as earned surplus.

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16-13-11    Designation of depository.

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16-13-12    Licensing, supervision, and examination by commissioner of financial institutions -- Fees.

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means this portion of the Utah Code has been modified since the last update on 23 July 2008.

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Last revised: 8 October 2008

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