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Corporations | |
Share Assessment Act | |
Section 102 | Definitions. |
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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 |
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