Utah Code 63N-4-805. Rural Opportunity Fund
Current as of: 2023 | Check for updates
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63N-4-805. Rural Opportunity Fund.
(1) | There is created an enterprise fund known as the “Rural Opportunity Fund”. |
(2) | The fund shall be administered by the office for the purposes described in Subsection (5). |
(4) |
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(5) | Money in the fund may only be used by the office to:
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(6) | The office may establish separate accounts in the fund for separate programs, administrative and operating expenses, or any other purpose to implement this chapter. |
(7) | Money in the fund shall be invested by the state treasurer as provided in Title 51, Chapter 7, State Money Management Act, and the earnings from the investments shall be credited to the fund. |
(8) | The office shall include a report of how money from the fund was used in the annual written report described in Section 63N-1a-306. |
Enacted by Chapter 362, 2022 General Session