In a large stockpot, add enough water to cover ears of corn; heavily salt. Bring water to a boil, then add ears of corn and cook until tender, about 7-10 minutes.
While water is boiling and corn is cooking, make the basil lime butter by melting butter in a large microwave safe bowl, then adding garlic, lime juice, and basil. Stir together.
Baste cooked corn with basil lime butter. Serve either on the cob, or cut kernels off the cob and serve in a large bowl (as shown here). Sprinkle with a healthy amount of parmesan cheese if you wish, and salt and pepper.