31A-8-301 - Requirements for doing business in state.
31A-8-301. Requirements for doing business in state.
(1) Only a corporation incorporated and licensed under Part 2, Domestic Organizations,may do business in this state as an organization.
(2) To do business in this state as an organization, foreign corporations doing a similarbusiness in other states shall incorporate a subsidiary and license if under Part 2, DomesticOrganizations, for its Utah business. Except as to Chapter 16, Insurance Holding Companies, thelaws applicable to domestic organizations apply only to the organization and not to its foreignparent corporation.
Amended by Chapter 123, 2005 General Session