Definitions.

1. Law
2. Utah Code
3. Economic Opportunity Act
4. Rural Development Act
5. Rural Employment Expansion Program
6. Definitions.

Affected by 63I-1-263 on 7/1/2023

Effective 5/14/2019
63N-4-402. Definitions.

• (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)
  • (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.

• (3) "Rural employment expansion grant" means a grant available under this part.

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