Utah Code 39A-3-204. National Guard Death Benefit Account
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(1) There is created within the General Fund a restricted account known as “National Guard Death Benefit Account.”
Terms Used In Utah Code 39A-3-204
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
(2)
(2)(a) The restricted account shall be funded from funds appropriated by the Legislature.
(2)(b) Funds in the restricted account may only be used to pay the death benefit authorized in Section 39A-3-203 .
(2)(c) The restricted account may accrue interest which shall be deposited into the restricted account.
(2)(d) At the close of any fiscal year, any balance in the fund in excess of $2,000,000 shall be transferred to the General Fund.