(1) Agency funds shall be accounted for separately from the funds of the community that created the agency.
(2) An agency may accumulate retained earnings or fund balances, as appropriate, in any fund.
Utah Code § 17C-1-208
Agency funds
Amended by Chapter 350, 2016 General Session
Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.