Part 1 General Provisions 51-10-101 – 51-10-102
Part 2 Administration of Navajo Trust Fund 51-10-201 – 51-10-206

Terms Used In Utah Code > Title 51 > Chapter 10 - Navajo Trust Fund Act

  • Administrative expenditure: means :
    (a) an expenditure for professional services;
    (b) per diem and travel expenses for the board and the Diné Advisory Committee; and
    (c) expense reimbursements, salaries, and benefits for the trust administrator and the trust administrator's staff. See Utah Code 51-10-102
  • Administrator: includes "executor" when the subject matter justifies the use. See Utah Code 68-3-12.5
  • Advice and consent: Under the Constitution, presidential nominations for executive and judicial posts take effect only when confirmed by the Senate, and international treaties become effective only when the Senate approves them by a two-thirds vote.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Ballot: means the storage medium, including a paper, mechanical, or electronic storage medium, that records an individual voter's vote. See Utah Code 20A-1-102
  • Board: means the board of trustees created in Section 51-10-202. See Utah Code 51-10-102
  • Business enterprise: means a sole proprietorship, partnership, corporation, limited liability company, or other private entity organized to provide goods or services for a profit. See Utah Code 51-10-102
  • Committee membership: Legislators are assigned to specific committees by their party. Seniority, regional balance, and political philosophy are the most prominent factors in the committee assignment process.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Election: means a regular general election, a municipal general election, a statewide special election, a local special election, a regular primary election, a municipal primary election, and a special district election. See Utah Code 20A-1-102
  • Fiduciary: A trustee, executor, or administrator.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Fund: means the Navajo Trust Fund created in Section 51-10-201. See Utah Code 51-10-102
  • Income: means the revenues from investments made by the state treasurer of the fund principal. See Utah Code 51-10-102
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Month: means a calendar month, unless otherwise expressed. See Utah Code 68-3-12.5
  • Navajos: means San Juan County, Utah, Navajos. See Utah Code 51-10-102
  • Office of Trust Administrator: means the office created in Section 51-10-203. See Utah Code 51-10-102
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: means :Utah Code 68-3-12.5
  • Political party: means an organization of registered voters that has qualified to participate in an election by meeting the requirements of Chapter 8, Political Party Formation and Procedures. See Utah Code 20A-1-102
  • Position: means a square, circle, rectangle, or other geometric shape on a ballot in which the voter marks the voter's choice. See Utah Code 20A-1-102
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Principal: means :
    (a) the balance of the fund as of July 1, 2015; and
    (b) the revenue to the fund from whatever source except income. See Utah Code 51-10-102
  • Property: includes both real and personal property. See Utah Code 68-3-12.5
  • Quorum: The number of legislators that must be present to do business.
  • Regular general election: means the election held throughout the state on the first Tuesday after the first Monday in November of each even-numbered year for the purposes established in Section 20A-1-201. See Utah Code 20A-1-102
  • Service provider: means any of the following that provides a good or service to Navajos:
    (a) a business enterprise;
    (b) a private nonprofit organization; or
    (c) a government entity. See Utah Code 51-10-102
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Signature: includes a name, mark, or sign written with the intent to authenticate an instrument or writing. See Utah Code 68-3-12.5
  • 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
  • Statute: A law passed by a legislature.
  • Trust administrator: means the trust administrator selected as provided in Subsection 51-10-202(2). See Utah Code 51-10-102
  • Trustee: A person or institution holding and administering property in trust.
  • Utah Navajo Chapter: means one of the following chapters of the Navajo Nation:
    (a) Aneth Chapter;
    (b) Mexican Water Chapter;
    (c) Naatsis'áán Chapter;
    (d) Oljato Chapter;
    (e) Dennehotso Chapter;
    (f) Red Mesa Chapter; and
    (g) Teec Nos Pos Chapter. See Utah Code 51-10-102
  • Vacancy: means :
    (a) except as provided in Subsection (75)(b), the absence of an individual to serve in a position created by state constitution or state statute, whether that absence occurs because of death, disability, disqualification, resignation, or other cause ; or
    (b) in relation to a candidate for a position created by state constitution or state statute, the removal of a candidate due to the candidate's death, resignation, or disqualification. See Utah Code 20A-1-102