53E-3-402.  Acceptance of gifts, endowments, devises, and bequests.

(1)  The state board, on its own behalf or on behalf of an educational institution for which the state board is the direct governing body, may accept private grants, loans, gifts, endowments, devises, or bequests which are made for educational purposes.

Terms Used In Utah Code 53E-3-402

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • 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
  • State board: means the State Board of Education. See Utah Code 53E-1-102
(2)  These contributions are not subject to appropriation by the Legislature.

Amended by Chapter 186, 2019 General Session