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Section 106 - Powers.

UT Code § 63E-2-106 (2019) (N/A)
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(1) exist as a: (a) public corporation; or (b) quasi-public corporation;

(a) public corporation; or

(b) quasi-public corporation;

(2) perform its stated public purpose;

(3) sue and be sued in its own name;

(4) retain and be represented by legal counsel independent of the attorney general;

(5) create foundations or subsidiaries;

(6) act in accordance with all other powers granted in its authorizing statute and by duly issued license or franchise;

(7) act in all ways as a nonprofit corporation established under Title 16, Chapter 6a, Utah Revised Nonprofit Corporation Act, that do not conflict with: (a) this title; (b) the authorizing statute of the independent corporation; or (c) statutes and regulations to which the independent corporation is subject.

(a) this title;

(b) the authorizing statute of the independent corporation; or

(c) statutes and regulations to which the independent corporation is subject.

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