As used in this part:

(1) “Endowment fund” means any history endowment fund created under this part by a qualifying organization.

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Terms Used In Utah Code 9-8-701

  • Endowment fund: means any history endowment fund created under this part by a qualifying organization. See Utah Code 9-8-701
  • Qualifying organization: means any Utah nonprofit history organization or local government that qualifies under this chapter to create an endowment fund, receive state money into the endowment fund, match state money deposited into the endowment fund, and expend interest earned on the endowment fund. See Utah Code 9-8-701
  • 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) “Qualifying organization” means any Utah nonprofit history organization or local government that qualifies under this chapter to create an endowment fund, receive state money into the endowment fund, match state money deposited into the endowment fund, and expend interest earned on the endowment fund.