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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) The corporation shall be compensated for its involvement in the Utah fund of funds through the payment of the management fee described in Section 63N-6-305.
(2)(a) On or before June 30, 2022, the Utah fund of funds shall transfer $15,000,000 to the state treasurer.
(b) The state treasurer shall deposit the money described in Subsection (2)(a) into the restricted account.
Cite this article: FindLaw.com - Utah Code Title 63N. Economic Opportunity Act § 63N-6-402. Compensation from the Utah fund of funds to the corporation--Transfer to restricted account - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-63n-economic-opportunity-act/ut-code-sect-63n-6-402/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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