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Utah Code Ann. tit. 16, ch. 13 – Business Development Corporations | Midpage
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Utah Code
Title 16
Chapter 13
Utah Code Ann. tit. 16, ch. 13
Business Development Corporations
16-13-1
Organization of development corporations under Utah Revised Business Corporation Act -- Corporate name.
16-13-2
Definitions.
16-13-3
Purposes of development corporation.
16-13-4
General powers of business development corporation.
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.
16-13-8
Board of directors -- Number and election of members.
16-13-9
Requirement before commencing business -- Cash consideration for shares -- Minimum stated capital.
16-13-10
Amount of net earnings set apart as earned surplus.
16-13-11
Designation of depository.
16-13-12
Licensing, supervision, and examination by commissioner of financial institutions -- Fees.