Utah · Statutes
Chapter 16-13 — Business Development Corporations
10 sections
10 sections
- Utah Code § 16-13-1Organization of development corporations under Utah Revised Business Corporation Act -- Corporate name.
- Utah Code § 16-13-2Definitions.
- Utah Code § 16-13-3Purposes of development corporation.
- Utah Code § 16-13-4General powers of business development corporation.
- Utah Code § 16-13-5Bonds or securities, capital stock of development corporations -- Authority to purchase, hold, or dispose of -- Rights of holders -- Rights of financial institutions.
- Utah Code § 16-13-8Board of directors -- Number and election of members.
- Utah Code § 16-13-9Requirement before commencing business -- Cash consideration for shares -- Minimum stated capital.
- Utah Code § 16-13-10Amount of net earnings set apart as earned surplus.
- Utah Code § 16-13-11Designation of depository.
- Utah Code § 16-13-12Licensing, supervision, and examination by commissioner of financial institutions -- Fees.