Section 78A-5a-102 - Establishment of the Business and Chancery Court - Organization and status(1) There is established the Business and Chancery Court for the state.(2) The Business and Chancery Court is a court of record.(3) The Business and Chancery Court is a trial court with limited and statewide jurisdiction over actions and claims as described in Section 78A-5a-103.(4) The Business and Chancery Court is of equal status with the district and juvenile courts of the state.(5) The Business and Chancery Court is established as a forum for the resolution of all matters properly brought before the Business and Chancery Court and consistent with applicable constitutional and statutory requirements of due process.(6) The Business and Chancery Court shall have a seal.(7) The judges and clerks of the Business and Chancery Court have the power to administer oaths and affirmations.Added by Chapter 394, 2023 General Session ,§ 24, eff. 7/1/2024.