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Utah Code
2025 Utah Code
Title 51 - Public Funds and Accounts
Chapter 13 - State Sovereignty Fund
Part 2 - Establishment of State Sovereignty Fund
Section 202 - State Sovereignty Fund -- Investment -- Administrative costs.
Universal Citation:
UT Code § 51-13-202 (2025)
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Effective 5/7/2025
51-13-202. State Sovereignty Fund -- Investment -- Administrative costs.
Enacted by Chapter 272, 2025 General Session
51-13-202. State Sovereignty Fund -- Investment -- Administrative costs.
- (1)The state treasurer shall:
- (a)invest money in the fund with the following goals, in order of priority:
- (i)providing for growth of the principal; and
- (ii)fund stability;
- (b)invest and manage fund assets as a prudent investor would by:
- (i)considering the purpose, terms, distribution requirements, and other circumstances of the fund; and
- (ii) exercising reasonable care, skill, and caution in order to meet the standard of care of a prudent investor; and
- (c) deposit into the fund the interest, dividends, or other earnings attributable to the fund.
- (a)invest money in the fund with the following goals, in order of priority:
- (2)The state treasurer may deduct any administrative costs incurred by managing the fund from earnings generated by investments in the fund.
Enacted by Chapter 272, 2025 General Session
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