Utah Code 11-58-806. Port authority chief financial officer is a public treasurer — Certain port authority funds are public funds
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(1) The authority‘s chief financial officer:
Terms Used In Utah Code 11-58-806
- Authority: means the Utah Inland Port Authority, created in Section
11-58-201 . See Utah Code 11-58-102 - Property tax: includes a privilege tax and each levy on an ad valorem basis on tangible or intangible personal or real property. See Utah Code 11-58-102
- State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
(1)(a) is a public treasurer, as defined in Section 51-7-3; and
(1)(b) shall invest the authority funds specified in Subsection (2) as provided in that subsection.
(2) Notwithstanding Subsection 63E-2-110(2)(a), property tax differential funds and appropriations that the authority receives from the state:
(2)(a) are public funds; and
(2)(b) shall be invested as provided in Title 51, Chapter 7, State Money Management Act.