Utah Code 67-4-2. Definitions
Current as of: 2024 | Check for updates
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As used in this chapter:
(1) “Federal funds” means cash received from the United States government or from other individuals or entities for or on behalf of the United States and deposited with the state treasurer or any agency of the state.
Terms Used In Utah Code 67-4-2
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- 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
- State entity: includes independent state agencies and public corporations. See Utah Code 67-4-2
- State funds: includes funds of independent state agencies or public corporations, regardless of the source of funds. See Utah Code 67-4-2
- United States: includes each state, district, and territory of the United States of America. See Utah Code 68-3-12.5
(2) “General Fund” means money received into the treasury and not specially appropriated to any other fund.
(3) “Maintain custody” means to direct the safekeeping and investment of state funds.
(4)
(4)(a) “State entity” means each department, commission, board, council, agency, institution, officer, corporation, fund, division, office, committee, authority, laboratory, library, unit, bureau, panel, or other administrative unit of the state.
(4)(b) “State entity” includes independent state agencies and public corporations.
(5)
(5)(a) “State funds” means funds that are owned, held, or administered by a state entity, regardless of the source of the funds.
(5)(b) “State funds” includes funds of independent state agencies or public corporations, regardless of the source of funds.
(5)(c) “State funds” does not include funds held by the Utah State Retirement Board.
(6) “Warrant” means an order in a specific amount drawn upon the treasurer by the Division of Finance or another state agency.