Current through the 2024 Fourth Special Session
Section 63G-27-102 - DefinitionsAs 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(b)(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.(4)(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.(6)(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 ,§ 1, eff. 5/3/2023.Added by Chapter 347, 2021 General Session ,§ 2, eff. 5/5/2021.