Skip to main content
Find a Lawyer

Utah Code Title 63N. Economic Opportunity Act § 63N-4-402. Definitions

Current as of January 01, 2025 | Updated by Findlaw Staff

As used in this part:

(1)(a) “Business entity” means a sole proprietorship, partnership, association, joint venture, corporation, firm, trust, foundation, or other organization or entity used in carrying on a business.

(b) “Business entity” does not include a business primarily engaged in the following:

(i) construction;

(ii) staffing;

(iii) retail trade; or

(iv) public utility activities.

(2) “Grant” means a grant awarded as part of the Rural Employment Expansion Grant Program created in Section 63N-4-403.

(3) “Grant program” means the Rural Employment Expansion Grant Program created in Section 63N-4-403.

(4) “Mining company” means an entity whose primary business is the exploration for or extraction of minerals from the earth.

(5) “Mining services company” means an entity whose primary business is providing support services for a mining company, including drilling or geological modeling.

(6)(a) “Owner or officer” means an individual who owns an ownership interest in an entity or holds a position where the person has authority to manage, direct, control, or make decisions for:

(i) the entity or a portion of the entity; or

(ii) an employee, agent, or independent contractor of the entity.

(b) “Owner or officer” includes:

(i) a member of a board of directors or other governing body of an entity; or

(ii) a partner in any type of partnership.

(7) “Rural county” means a county of the third, fourth, fifth, or sixth class.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Utah Code Title 63N. Economic Opportunity Act § 63N-4-402. Definitions - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-63n-economic-opportunity-act/ut-code-sect-63n-4-402/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard