Utah Code § 9-6-501

Current through the 2024 Fourth Special Session

Section 9-6-501 - Definitions

As used in this part:

(1) "Endowment fund" means any endowment fund created under this chapter by a qualifying organization.

(2) "Qualifying organization" means any Utah nonprofit arts or museum organization that qualifies under this chapter to create an endowment fund, receive state money into the endowment fund, match state money deposited into the endowment fund, and expend interest earned on the endowment fund.

(3) "State fund" means the Utah Arts and Museums Endowment Fund created in Section 9-6-502.

Utah Code § 9-6-501

Amended by Chapter 419, 2020 General Session ,§ 13, eff. 5/12/2020.

Renumbered and Amended by Chapter 241, 1992 General Session