31A-5-101. Definitions.
In this chapter, unless the context requires otherwise:
(1) The definitions of the following terms applicable to the Utah Revised Business Corporation Act in Sectionapply to stock corporations: 16-10a-102 "affiliate"; "mail"; and "notice."
(2) The definitions to the following terms applicable to nonprofit corporations in Sectionapply to mutuals: 16-6a-102 "articles of incorporation"; "bylaws"; and "member."
(3) "Promoter securities" are securities issued by a stock insurer to the incorporators, directors, officers, or their families or nominees at any time prior to, and up to one year following, the issuance of a certificate of authority to the stock insurer.