Utah Code § 63N-2-802: Definitions.

As used in this part:

(1) "Claimant" means the same as that term is defined in Section 59-10-1002.

(2) "Eligible claimant, estate, or trust" means a claimant, estate, or trust that:

(a) enters into an agreement with the office in accordance with this part to receive a tax credit certificate for a tax credit under Section 59-10-1025; and

(b) receives a tax credit certificate from the office in accordance with this part.

(3) "Life science establishment" means the same as that term is defined in Section 59-10-1025.

(4) "Tax credit" means a tax credit under Section 59-10-1025.

(5) "Tax credit applicant" means a person that applies to the office to receive a tax credit certificate under this part.

(6) "Tax credit certificate" means a certificate issued by the office that:

(a) lists the name of the tax credit certificate recipient;

(b) lists the tax credit certificate recipient's taxpayer identification number;

(c) lists the amount of the tax credit certificate recipient's tax credits authorized under this part for a taxable year; and

(d) includes other information as determined by the office.

(7) "Tax credit certificate recipient" means an eligible claimant, estate, or trust that receives a tax credit certificate in accordance with this part for a tax credit under Section 59-10-1025.