(1) The authority‘s chief financial officer:

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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.