Utah Code > Title 67 > Chapter 19d > Part 2 – Creation and Governance of the Post-Retirement Benefits Trust Fund
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Terms Used In Utah Code > Title 67 > Chapter 19d > Part 2 - Creation and Governance of the Post-Retirement Benefits Trust Fund
- 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 created in Section 67-19d-202. See Utah Code 67-19d-102
- Fiduciary: A trustee, executor, or administrator.
- Income: means the revenues received by the state treasurer from investments of the trust fund principal. See Utah Code 67-19d-102
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Oversight: Committee review of the activities of a Federal agency or program.
- 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
- Statute: A law passed by a legislature.
- Trust fund: means the State Post-Retirement Benefits Trust Fund created by Section 67-19d-201. See Utah Code 67-19d-102
- Trustee: A person or institution holding and administering property in trust.