Utah Code 63H-7a-603. Financial officer — Duties

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63H-7a-603. Financial officer — Duties.

(1)	The executive director shall appoint a financial officer for the Administrative Services Division with the approval of the board.

Terms Used In Utah Code 63H-7a-603

Authority: means the Utah Communications Authority created in Section 63H-7a-201. See Utah Code 63H-7a-103
Board: means the Utah Communications Authority Board created in Section 63H-7a-203. See Utah Code 63H-7a-103
State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5

(2)

The financial officer shall be responsible for accounting for the authority, including:

(a)	safekeeping and investment of public funds of the authority, including the funds expended from the restricted accounts created in this chapter;

(b)	the proper collection, deposit, disbursement, and management of the public funds of the authority in accordance with Title 51, Chapter 7, State Money Management Act;

(c)	having authority to sign all bills payable, notes, checks, drafts, warrants, or other negotiable instruments in the absence of the executive director and the executive director’s designated employee;

(d)	providing to the board and the executive director a statement of the condition of the finances of the authority, at least annually and at such other times as shall be requested by the board; and

(e)	performing all other duties incident to the financial officer.

(3)

The financial officer shall:

(a)	be bonded in an amount established by the State Money Management Council; and

(b)	file written reports with the State Money Management Council pursuant to Section 51-7-15.

Amended by Chapter 430, 2017 General Session

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