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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Last revised: Wednesday, July 23, 2008