For purposes of this chapter, the residence of a business organization is:

1. (1) the county where the business organization's principal place of business is located;
2. (2) the county where the business organization's registered office is located if the business organization does not have a principal place of business in the state; or
3. (3) Salt Lake County if the business organization does not have a principal place of business or a registered office in the state.

Enacted by Chapter 401, 2023 General Session