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Code · Utah · Title 9 — Cultural and Community Engagement · Chapter 6

9-6-501. Definitions.

92 words·~1 min read·/ut/title-9/chapter-6/9-6-501

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Effective 5/12/2020
9-6-501. Definitions.
As used in this part:
(1)"Endowment fund" means any endowment fund created under this chapter by a qualifying organization.
(2)"Qualifying organization" means any Utah nonprofit arts or museum organization 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.
(3)"State fund" means the Utah Arts and Museums Endowment Fund created in Section 9-6-502 .
Amended by Chapter 419 , 2020 General Session
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