Utah Code 11-59-404. Authority chief financial officer is a public treasurer — Certain authority funds are public funds

11-59-404. Authority chief financial officer is a public treasurer — Certain authority funds are public funds.

(1)

The authority’s chief financial officer:

Authority: means the Point of the Mountain State Land Authority, created in Section 11-59-201. See Utah Code 11-59-102
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

(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), 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.

Enacted by Chapter 388, 2018 General Session

Technically renumbered for proper placement.