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Utah Code Title 53D. School and Institutional Trust Fund Management and Land Trusts Protection and Advocacy Office § 53D-2-102. Definitions

Current as of May 05, 2022 | Updated by FindLaw Staff

As used in this chapter:

(1) “Advocacy committee” means the Land Trusts Protection and Advocacy Committee, created in Section 53D-2-202.

(2) “Advocacy director” means the director of the advocacy office, appointed as described in Section 53D-2-203.

(3) “Advocacy office” means the Land Trusts Protection and Advocacy Office, created in Section 53D-2-201.

(4) “School and institutional trust” or “trust” includes:

(a) school and institutional trust lands, as defined in Section 53C-1-103, and related assets; and

(b) funds and investments of school and institutional trust land revenue, as described in Title 53D, Chapter 1, School and Institutional Trust Fund Management Act.

(5) “School and Institutional Trust System” means:

(a) the School and Institutional Trust Lands Administration, described in Title 53C, School and Institutional Trust Lands Management Act;

(b) the School and Institutional Trust Fund Office, described in Title 53D, Chapter 1, School and Institutional Trust Fund Management Act;

(c) the Land Trusts Protection and Advocacy Office, described in this chapter; and

(d) the School LAND Trust Program, described in Sections 53F-2-404 and 53G-7-1206.

(6) “Trust beneficiaries” means those for whose benefit the school and institutional trust is managed and preserved, as required by:

(a) the Utah Enabling Act;

(b) the Utah Constitution; and

(c) state law.

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Cite this article: FindLaw.com - Utah Code Title 53D. School and Institutional Trust Fund Management and Land Trusts Protection and Advocacy Office § 53D-2-102. Definitions - last updated May 05, 2022 | https://codes.findlaw.com/ut/title-53d-school-and-institutional-trust-fund-management-and-land-trusts-protection-and-advocacy-office/ut-code-sect-53d-2-102/

Read this complete Utah Code Title 53D. School and Institutional Trust Fund Management and Land Trusts Protection and Advocacy Office § 53D-2-102. Definitions on Westlaw. Westlaw subscription required.

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