Utah Code 63H-7a-701. Investment of authority funds
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(1) The state treasurer shall invest all money held on deposit by or on behalf of the authority.
Terms Used In Utah Code 63H-7a-701
- Authority: means the Utah Communications Authority created in Section
63H-7a-201 . See Utah Code 63H-7a-103 - Board: means the Utah Communications Authority Board created in Section
63H-7a-203 . See Utah Code 63H-7a-103 - 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
(2) The board may provide advice to the state treasurer concerning investment of the money of the authority.