Utah Code 11-59-404. Authority chief financial officer is a public treasurer — Certain authority funds are public funds
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(1) The authority‘s chief financial officer:
Terms Used In Utah Code 11-59-404
- 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
(1)(a) is a public treasurer, as defined in Section 51-7-3; and
(1)(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:
(2)(a) are public funds; and
(2)(b) shall be invested as provided in Title 51, Chapter 7, State Money Management Act.