9-6-501.  Definitions.
     As used in this part:

(1)  “Endowment fund” means any endowment fund created under this chapter by a qualifying organization.

Terms Used In Utah Code 9-6-501

  • Arts: means the various branches of creative human activity, including visual arts, film, performing arts, sculpture, literature, music, theater, dance, digital arts, video-game arts, and cultural vitality. See Utah Code 9-6-102
  • Endowment fund: means any endowment fund created under this chapter by a qualifying organization. See Utah Code 9-6-501
  • Museum: means an organized and permanent institution that:
(a) is owned or controlled by the state, a county, or a municipality, or is a nonprofit organization;
(b) has an educational or aesthetic purpose;
(c) owns or curates a tangible collection; and
(d) exhibits the collection to the public on a regular schedule. See Utah Code 9-6-102
  • Qualifying organization: means any Utah nonprofit arts or museum organization that qualifies under this chapter to create an endowment fund, receive state money into the endowment fund, match state money deposited into the endowment fund, and expend interest earned on the endowment fund. See Utah Code 9-6-501
  • 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)  “Qualifying organization” means any Utah nonprofit arts or museum organization that qualifies under this chapter to create an endowment fund, receive state money into the endowment fund, match state money deposited into the endowment fund, and expend interest earned on the endowment fund.

    (3)  “State fund” means the Utah Arts and Museums Endowment Fund created in Section 9-6-502.

    Amended by Chapter 419, 2020 General Session

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