63M-2-102 - Definitions. - Utah Statutes

State Codes and Statutes

Statutes > Utah > Title-63m > Chapter-02 > 63m-2-102

63M-2-102. Definitions.
As used in this chapter:
(1) "Commercialization revenues " means dividends, realized capital gains, license fees,royalty fees, and other revenues received by a university as a result of commercial applicationsdeveloped from the project, less:
(a) the portion of those revenues allocated to the inventor; and
(b) expenditures incurred by the university to legally protect the intellectual property.
(2) "Executive director" means the person appointed by the governing authority underSection 63M-2-301.
(3) "Governing authority" means the Utah Science Technology and Research GoverningAuthority created in Section 63M-2-301.
(4) "Project" means the Utah Science Technology and Research Project.
(5) "Research buildings" means any of the buildings listed in Section 63M-2-201.
(6) "Research universities" means the University of Utah and Utah State University.
(7) "Technology outreach program" means the program required by Section 63M-2-202.
(8) "Utah Science Technology and Research Project" means the buildings and activitiesdescribed in Part 2, Utah Science Technology and Research Project.

Renumbered and Amended by Chapter 382, 2008 General Session

State Codes and Statutes

Statutes > Utah > Title-63m > Chapter-02 > 63m-2-102

63M-2-102. Definitions.
As used in this chapter:
(1) "Commercialization revenues " means dividends, realized capital gains, license fees,royalty fees, and other revenues received by a university as a result of commercial applicationsdeveloped from the project, less:
(a) the portion of those revenues allocated to the inventor; and
(b) expenditures incurred by the university to legally protect the intellectual property.
(2) "Executive director" means the person appointed by the governing authority underSection 63M-2-301.
(3) "Governing authority" means the Utah Science Technology and Research GoverningAuthority created in Section 63M-2-301.
(4) "Project" means the Utah Science Technology and Research Project.
(5) "Research buildings" means any of the buildings listed in Section 63M-2-201.
(6) "Research universities" means the University of Utah and Utah State University.
(7) "Technology outreach program" means the program required by Section 63M-2-202.
(8) "Utah Science Technology and Research Project" means the buildings and activitiesdescribed in Part 2, Utah Science Technology and Research Project.

Renumbered and Amended by Chapter 382, 2008 General Session

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State Codes and Statutes

Statutes > Utah > Title-63m > Chapter-02 > 63m-2-102

63M-2-102. Definitions.
As used in this chapter:
(1) "Commercialization revenues " means dividends, realized capital gains, license fees,royalty fees, and other revenues received by a university as a result of commercial applicationsdeveloped from the project, less:
(a) the portion of those revenues allocated to the inventor; and
(b) expenditures incurred by the university to legally protect the intellectual property.
(2) "Executive director" means the person appointed by the governing authority underSection 63M-2-301.
(3) "Governing authority" means the Utah Science Technology and Research GoverningAuthority created in Section 63M-2-301.
(4) "Project" means the Utah Science Technology and Research Project.
(5) "Research buildings" means any of the buildings listed in Section 63M-2-201.
(6) "Research universities" means the University of Utah and Utah State University.
(7) "Technology outreach program" means the program required by Section 63M-2-202.
(8) "Utah Science Technology and Research Project" means the buildings and activitiesdescribed in Part 2, Utah Science Technology and Research Project.

Renumbered and Amended by Chapter 382, 2008 General Session