Go to Previous Versions
of
this Section
2025 Utah Code
Title 63E - Independent Entities Code
Chapter 2 - Independent Corporations Act
Section 110 - Budgetary and fiscal requirements.
Universal Citation:
UT Code § 63E-2-110 (2025)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
63E-2-110. Budgetary and fiscal requirements.
Amended by Chapter 342, 2011 General Session
- (1) The board of each independent corporation shall annually adopt a budget.
- (2)
- (a) All money held in trust by an independent corporation is not public funds, even if they were public funds before the money was received by the independent corporation.
- (b) The money of an independent corporation is not required to be held in the custody of the state treasurer.
Amended by Chapter 342, 2011 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.
