2006 Utah Code - 9-6-502 — Utah Arts Endowment Fund.

     9-6-502.   Utah Arts Endowment Fund.
     (1) There is created a restricted special revenue fund known as the "Utah Arts Endowment Fund."
     (2) The state fund shall be administered by the board in accordance with applicable law.
     (3) Any administrative costs incurred by the board shall be reviewed by the appropriate appropriations committee of the Legislature.
     (4) The state fund shall contain all moneys appropriated to it by the Legislature, all federal funds received for purposes of this part, plus interest and other income earned on them.
     (5) The purpose of the state fund is to provide moneys to qualifying arts organizations to enable them to create their own arts endowment funds and to the board to administer the state fund.

Amended by Chapter 256, 2002 General Session