Utah Code 53D-1-102. Definitions

53D-1-102. Definitions.
As used in this chapter:

(1)	“Account” means the School and Institutional Trust Fund Management Account, created in Section 53D-1-203.

Account: means the School and Institutional Trust Fund Management Account, created in Section 53D-1-203. See Utah Code 53D-1-102
advocacy office: means the Land Trusts Protection and Advocacy Office created in Section 53D-2-201. See Utah Code 53D-1-102
Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Board: means the board of trustees established in Section 53D-1-301. See Utah Code 53D-1-102
Director: means the director of the office. See Utah Code 53D-1-102
Enabling act: means the act of Congress, dated July 16, 1894, enabling the people of Utah to form a constitution and state government and to be admitted into the Union. See Utah Code 53D-1-102
Land: includes :Utah Code 68-3-12.5
Office: means the School and Institutional Trust Fund Office, created in Section 53D-1-201. See Utah Code 53D-1-102
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
Trust fund: means money derived from:

(a)	the sale or use of land granted to the state under Sections 6, 8, and 12 of the enabling act;

(b)	proceeds referred to in Section 9 of the enabling act from the sale of public land; and

(c)	revenue and assets referred to in Utah Constitution, Article X, Section 5, Subsections Utah Code 53D-1-102
(2)	“Advocacy office director” means the director of the Land Trusts Protection and Advocacy Office, appointed under Section 53D-2-203.

(3)

“Beneficiaries”:

(a)	means those for whose benefit the trust fund is managed and preserved, consistent with the enabling act, the Utah Constitution, and state law; and

(b)	does not include other government institutions or agencies, the public at large, or the general welfare of the state.

(4)	“Board” means the board of trustees established in Section 53D-1-301.

(5)	“Director” means the director of the office.

(6)	“Enabling act” means the act of Congress, dated July 16, 1894, enabling the people of Utah to form a constitution and state government and to be admitted into the Union.

(7)	“Land Trusts Protection and Advocacy Office” or “advocacy office” means the Land Trusts Protection and Advocacy Office created in Section 53D-2-201.

(8)	“Nominating committee” means the committee established under Section 53D-1-501.

(9)	“Office” means the School and Institutional Trust Fund Office, created in Section 53D-1-201.

(10)

“Trust fund” means money derived from:

(a)	the sale or use of land granted to the state under Sections 6, 8, and 12 of the enabling act;

(b)	proceeds referred to in Section 9 of the enabling act from the sale of public land; and

(c)	revenue and assets referred to in Utah Constitution, Article X, Section 5, Subsections (1)(c), (e), and (f).

Amended by Chapter 136, 2019 General Session