To prohibit natural asset companies from entering into any agreement with respect to land in the State of Utah or natural assets on or in land in the State of Utah.

This legislation establishes a prohibition against natural asset companies from engaging in any agreements related to land or natural assets located within the State of Utah. The primary goal is to prevent these specific types of entities from acquiring or managing ecological performance rights in the state. A natural asset company is defined as a corporation that holds rights to the ecological performance of a defined area and possesses the authority to manage that area for purposes such as conservation restoration sustainable management . This prohibition also extends to any company or organization deemed substantially similar to such a corporation.