Utah Code § 63H-1-706

Current through the 2024 Fourth Special Session
Section 63H-1-706 - Authority chief financial officer is a public treasurer - Certain authority funds are public funds
(1) The authority's chief financial officer:
(a) is a public treasurer, as defined in Section 51-7-3; and
(b) shall invest the authority funds specified in Subsection (2) as provided in that subsection.
(2) Notwithstanding Subsection 63E-2-110(2)(a), property tax allocation funds, municipal services revenue, and appropriations that the authority receives from the state:
(a) are public funds; and
(b) shall be invested as provided in Title 51, Chapter 7, State Money Management Act.

Utah Code § 63H-1-706

Amended by Chapter 377, 2015 General Session ,§ 11, eff. 3/30/2015.
Enacted by Chapter 92, 2009 General Session