(1)  All money belonging to a reserve fund created under Section 17-36-46 shall be invested in such securities as are legal for other funds of the county.

Terms Used In Utah Code 17-36-49

  • Fund: means an independent fiscal and accounting entity comprised of a sum of money or other resources segregated for a specific purpose or objective. See Utah Code 17-36-3
(2)  The interest and income from the investments shall be a part of the fund.

Renumbered and Amended by Chapter 133, 2000 General Session

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