63G-10-501. Definitions.
109 words·~1 min read·
/ut/title-63g/chapter-10/63g-10-501A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 5/1/2024
63G-10-501. Definitions.
As used in this part:
(1)"Executive director" means the individual appointed under Section 63A-1-105 as the executive director of the Department of Government Operations, created in Section 63A-1-104 .
(2)"Risk management fund" means the fund created in Section 63A-4-201 .
(3)"Risk manager" means the state risk manager appointed under Section 63A-4-101.5 .
(4)"Settlement amount" means the total cost to implement:
(a)an action settlement as defined in Section 63G-10-102 , including the cost of the required action and any required monetary payment; or
(b)a financial settlement as defined in Section 63G-10-102 .
Amended by Chapter 509 , 2024 General Session