53G-5-102. Definitions.
174 words·~1 min read·
/ut/title-53g/chapter-5/53g-5-102A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 10/14/2025
53G-5-102. Definitions.
As used in this chapter:
(1)"Asset" means property of all kinds, real and personal, tangible and intangible, and includes:
(a)cash;
(b)stock or other investments;
(c)real property;
(d)equipment and supplies;
(e)an ownership interest;
(f)a license;
(g)a cause of action; and
(h)any similar property.
(2)"Charter school authorizer" or "authorizer" means an entity listed in Section 53G-5-205 that authorizes a charter school.
(3)"Institution of higher education board of trustees" or "board of trustees" means:
(a)the board of trustees of:
(i)the University of Utah;
(ii)Utah State University;
(iii)Weber State University;
(iv)Southern Utah University;
(v)Snow College;
(vi)Utah Tech University;
(vii)Utah Valley University; or
(viii)Salt Lake Community College;
(b)a technical college board of trustees described in Section 53H-3-205 ; or
(c)a board of trustees of a private, nonprofit college or university in the state that is accredited by the Northwest Commission on Colleges and Universities.
Amended by Chapter 9 , 2025 Special Session 1