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Code · Utah · Title 49 — Utah State Retirement and Insurance Benefit Act · Chapter 21

49-21-104. Creation of trust fund.

96 words·~1 min read·/ut/title-49/chapter-21/49-21-104

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49-21-104. Creation of trust fund.
(1)There is created the "Public Employees' Long-Term Disability Trust Fund" for the purpose of paying the benefits and costs of administering this program.
(2)The fund shall consist of all money and interest paid into it in accordance with this chapter, whether in the form of cash, securities, or other assets, and of all money received from any other source.
(3)Custody, management, and investment of the fund shall be governed by Chapter 11, Utah State Retirement Systems Administration .
Renumbered and Amended by Chapter 250 , 2002 General Session
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