63G-27-102. Definitions.
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/ut/title-63g/chapter-27/63g-27-102A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 5/3/2023
63G-27-102. Definitions.
As used in this chapter:
(1)"Boycott action" means refusing to deal, terminating business activities, or limiting commercial relations.
(2)"Boycott of the State of Israel" means engaging in a boycott action targeting:
(a)the State of Israel; and
(i)companies or individuals doing business in or with the State of Israel; or
(ii)companies authorized by, licensed by, or organized under the laws of the State of Israel to do business.
(3)"Boycotted company" means a company that:
(a)engages in the exploration, production, utilization, transportation, sale, or manufacture of fossil fuel-based energy, timber, mining, or agriculture;
(b)engages in, facilitates, or supports the manufacture, distribution, sale, or use of firearms;
(c)does not meet or commit to meet environmental standards, including standards for eliminating, reducing, offsetting, or disclosing greenhouse gas-emissions, beyond applicable state and federal law requirements; or
(d)does not facilitate or commit to facilitate access to abortion or sex characteristic surgical procedures.
(a)"Company" means a corporation, partnership, limited liability company, or similar entity.
(b)"Company" includes any wholly-owned subsidiary, majority-owned subsidiary, parent company, or affiliate of an entity described in Subsection (4)(a) .
(5)"Economic boycott" means, without an ordinary business purpose:
(a)engaging in a boycott action targeting:
(i)a boycotted company; or
(ii)another company because the company does business with a boycotted company; or
(b)taking an action intended to penalize, inflict economic harm to, or change or limit the activities of:
(i)a boycotted company; or
(ii)another company because the company does business with a boycotted company.
(a)"Ordinary business purpose" means a purpose that is related to business operations.
(b)"Ordinary business purpose" does not include a purpose that is solely related to furthering social, political, or ideological interests.
(7)"Public entity" means the state or a political subdivision of the state, including each department, division, office, board, commission, council, authority, or institution of the state or a political subdivision of the state.
Amended by Chapter 243 , 2023 General Session