Current through the 2023 Regular Session
Section 7-6-4002 - DefinitionsAs used in this part, unless the context requires otherwise, the following definitions apply:
(1) "Governing body" means the elected body responsible for the administration of a local government.(2) "Local government" has the meaning provided in 7-6-602.(3) "Municipality" means an incorporated city or town.(4) "Working capital" means the current assets of a fund minus the current liabilities and designated reserves of a fund.En. Sec. 10, Ch. 278, L. 2001.