16-10a-301 - Purposes. - Utah Statutes

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16-10a-301. Purposes.
(1) Every corporation incorporated under this chapter and including in its articles ofincorporation a statement meeting the requirements of Subsection 16-10a-202(3) may engage inany lawful business except for express limitations set forth in the articles of incorporation.
(2) A corporation engaging in a business that is subject to regulation under anotherstatute of this state may incorporate under this chapter only if permitted by, and subject to alllimitations of, the other statute.

Enacted by Chapter 277, 1992 General Session

State Codes and Statutes

Statutes > Utah > Title-16 > Chapter-10a > 16-10a-301

16-10a-301. Purposes.
(1) Every corporation incorporated under this chapter and including in its articles ofincorporation a statement meeting the requirements of Subsection 16-10a-202(3) may engage inany lawful business except for express limitations set forth in the articles of incorporation.
(2) A corporation engaging in a business that is subject to regulation under anotherstatute of this state may incorporate under this chapter only if permitted by, and subject to alllimitations of, the other statute.

Enacted by Chapter 277, 1992 General Session

State Codes and Statutes

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State Codes and Statutes

Statutes > Utah > Title-16 > Chapter-10a > 16-10a-301

16-10a-301. Purposes.
(1) Every corporation incorporated under this chapter and including in its articles ofincorporation a statement meeting the requirements of Subsection 16-10a-202(3) may engage inany lawful business except for express limitations set forth in the articles of incorporation.
(2) A corporation engaging in a business that is subject to regulation under anotherstatute of this state may incorporate under this chapter only if permitted by, and subject to alllimitations of, the other statute.

Enacted by Chapter 277, 1992 General Session