Utah Code § 9-8-701

Current through the 2024 Fourth Special Session

Section 9-8-701 - Definitions

As used in this part:

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

(2) "Qualifying organization" means any Utah nonprofit history organization or local government 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.

Utah Code § 9-8-701

Amended by Chapter 160, 2023 General Session ,§ 18, eff. 7/1/2023.

Amended by Chapter 166, 2014 General Session ,§ 1, eff. 5/13/2014.

Enacted by Chapter 121, 1991 General Session