2016 Utah Code
Title 4 - Utah Agricultural Code
Chapter 22 - Dairy Promotion Act
Section 8 - Revenue from assessment used to promote dairy industry -- Deposit of funds -- Annual audit of books, records, and accounts -- Annual financial report to producers.

4-22-8. Revenue from assessment used to promote dairy industry -- Deposit of funds -- Annual audit of books, records, and accounts -- Annual financial report to producers.

• (1) The revenue derived from the assessment imposed by Section 4-22-7 shall be used exclusively for the:
  • (a) administration of this chapter; and
  • (b) promotion of the state's dairy industry.

• (2)
  • (a) A voucher, receipt, or other written record for each withdrawal from the Utah Dairy Commission Fund shall be kept by the commission.
  • (b) No funds shall be withdrawn from the fund except upon order of the commission.

• (3) The commission may deposit the proceeds of the assessment in one or more accounts in one or more banks approved by the state as depositories.

• (4) The books, records, and accounts of the commission's activities are public records.

• (5)
  • (a) The accounts of the commission shall be audited once annually by a licensed accountant selected by the commission and approved by the state auditor.
  • (b) The results of the audit shall be submitted to the:
    • (i) commissioner;
    • (ii) commission; and
    • (iii) Division of Finance.
  • (c) It is the responsibility of the commission to send annually a financial report to each producer.

Amended by Chapter 128, 2004 General Session