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Utah Code § 9-8-701

Definitions

Amended by Chapter 160, 2023 General Session

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.

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