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Utah Code Title 63E. Independent Entities Code § 63E-2-110. Budgetary and fiscal requirements

Current as of January 01, 2025 | Updated by Findlaw Staff

(1) The board of each independent corporation shall annually adopt a budget.

(2)(a) All money held in trust by an independent corporation is not public funds, even if they were public funds before the money was received by the independent corporation.

(b) The money of an independent corporation is not required to be held in the custody of the state treasurer.

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Cite this article: FindLaw.com - Utah Code Title 63E. Independent Entities Code § 63E-2-110. Budgetary and fiscal requirements - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-63e-independent-entities-code/ut-code-sect-63e-2-110/

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