Utah § 13-22-16 Separate accounts and receipts required.

Utah Statutes

§ 13-22-16 — Separate accounts and receipts required.

Utah § 13-22-16

Title 13Commerce and Trade

Ch. 13-22Charitable Solicitations Act

This text of Utah § 13-22-16 (Separate accounts and receipts required.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 13-22-16 (2026).

Text

(1)(1)(a) Each professional fund raiser shall segregate and maintain all contributed funds in an account held separately from the professional fund raiser's operating account.

(1)(b) Each contribution in the control or custody of the professional fund raiser shall, no later than 10 days after the day on which the contribution is received, be deposited into an account at a bank or other federally insured financial institution that is in the name of the charitable organization.

(1)(c) The charitable organization shall maintain and administer the account and shall have sole control of all withdrawals.

(2)Each professional fund raiser shall:

(2)(a) maintain a record of each contribution of money, securities, or cash equivalent sufficient to allow the organization or professional fund raiser

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(1) (1)(a) Each professional fund raiser shall segregate and maintain all contributed funds in an account held separately from the professional fund raiser's operating account.
(1)(b) Each contribution in the control or custody of the professional fund raiser shall, no later than 10 days after the day on which the contribution is received, be deposited into an account at a bank or other federally insured financial institution that is in the name of the charitable organization.
(1)(c) The charitable organization shall maintain and administer the account and shall have sole control of all withdrawals.
(2) Each professional fund raiser shall:
(2)(a) maintain a record of each contribution of money, securities, or cash equivalent sufficient to allow the organization or professional fund raiser to provide a receipt to the contributor upon request or as required by law; and
(2)(b) provide a contributor a receipt for each contribution upon request or as required by law.
(3) A professional fund raiser shall develop and maintain adequate internal controls for receipt, management, and disbursement of money that are reasonable in light of the organization's or professional fund raiser's assets and organizational complexity.