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Code · Utah · Title 53G — Public Education System -- Local Administration · Chapter 4

53G-4-704. Building Reserve Fund -- Investment of fund.

72 words·~1 min read·/ut/title-53g/chapter-4/53g-4-704

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Effective 1/24/2018
53G-4-704. Building Reserve Fund -- Investment of fund.
(1)The fund shall be known as the Building Reserve Fund of _________ (name of school district) School District.
(2)Any interest or capital gains accrue to the benefit of the fund.
(3)The fund may only be invested as provided in Title 51, Chapter 7, State Money Management Act of 1974.
Renumbered and Amended by Chapter 3 , 2018 General Session
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