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Utah Code § 53G-4-704

Building Reserve Fund -- Investment of fund

Renumbered and Amended by Chapter 3, 2018 General Session

(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.

Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.