Utah Code 57-8a-230. Administration of funds
Current as of: 2023 | Check for updates
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57-8a-230. Administration of funds.
An association:
An association:
(1) | shall keep all of the association’s funds in an account in the name of the association; and |
(i) | is an owner of a residential lot located within the jurisdiction of the association, as described in the governing documents; and |
(ii) | by virtue of membership or ownership of a residential lot is obligated to pay:
Enacted by Chapter 395, 2018 General Session |