Utah Code > Title 53D > Chapter 1 > Part 3 – School and Institutional Trust Fund Board of Trustees


§ 53D-1-301	Board of trustees — Creation — Membership
§ 53D-1-302	Board chair and vice chair — Quorum
§ 53D-1-303	Board authority and duties
§ 53D-1-304	Board meetings — Closed meetings

Advocacy office director: means the director of the Land Trusts Protection and Advocacy Office, appointed under Section 53D-2-203. 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
Fiduciary: A trustee, executor, or administrator.
Nominating committee: means the committee established under Section 53D-1-501. See Utah Code 53D-1-102
Office: means the School and Institutional Trust Fund Office, created in Section 53D-1-201. See Utah Code 53D-1-102
Process: means a writ or summons issued in the course of a judicial proceeding. See Utah Code 68-3-12.5
Quorum: The number of legislators that must be present to do business.
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
Swear: includes "affirm. 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