Chapter

Business Development Corporations

Title 16 — Corporations §§ 16-13-1–16-13-12

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