There is a newer version of the Utah Code
2023
2022
2021
2020
2019
Other previous versions
View our newest version here

2010 Utah Code
Title 63E - Independent Entities Code
Chapter 02 - Independent Corporations Act
63E-2-110 - Budgetary and fiscal requirements.

63E-2-110. Budgetary and fiscal requirements.
(1) The board of each independent corporation shall annually adopt a budget.
(2) (a) All monies held in trust by an independent corporation are not public funds, even if they were public funds before those monies were received by the independent corporation.
(b) The monies of an independent corporation are not required to be held in the custody of the state treasurer.

Enacted by Chapter 201, 2001 General Session

Disclaimer: These codes may not be the most recent version. Utah may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.