Utah Code Title 13. Commerce and Trade § 13-57-102. Definitions

(1) “Business entity” means a sole proprietorship, partnership, limited partnership, limited liability company, corporation, or other entity or association used to carry on a business for profit.

(2) “Director” means the director of the Division of Consumer Protection.

(3) “Division” means the Division of Consumer Protection of the Department of Commerce established in Section 13-2-1.

(4) “Health care provider” means the same as that term is defined in Section 78B-3-403.

(5) “Individual” means a person who:

(6) “Legal funding” means a payment of $500,000 or less to an individual in exchange for the right to receive an amount out of the potential proceeds of any realized settlement, judgment, award, or verdict the individual may receive in a civil legal action.

(7) “Maintenance funding agreement” means an agreement between an individual and a maintenance funding provider under which the maintenance funding provider provides legal funding to the individual.