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

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Updated: 11 January 2012

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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 1 November 2011.