Utah Code 53G-4-704. Building Reserve Fund — Investment of fund

53G-4-704. Building Reserve Fund — Investment of fund.

(1)	The fund shall be known as the Building Reserve Fund of _________ (name of school district) School District.

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

(2)	Any interest or capital gains accrue to the benefit of the fund.

(3)	The fund may only be invested as provided in Title 51, Chapter 7, State Money Management Act of 1974.

Renumbered and Amended by Chapter 3, 2018 General Session