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Code · Utah · Title 9 — Cultural and Community Engagement · Chapter 8

9-8-701. Definitions.

78 words·~1 min read·/ut/title-9/chapter-8/9-8-701

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Effective 7/1/2023
9-8-701. Definitions.
As used in this part:
(1)"Endowment fund" means any history endowment fund created under this part by a qualifying organization.
(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.
Amended by Chapter 160 , 2023 General Session
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