Utah Statutes
§ 49-11-302 — Board duties with respect to fund.
Utah·Title 49 Utah State Retirement and Insurance Benefit Act·Ch. 49-11 Utah State Retirement Systems Administration·Part 49-11-3 Investment Fund
(1)The board:
(1)(a) shall review and establish the asset allocation of the Utah State Retirement Investment Fund for investment, and with the executive director, shall determine the method of investing the funds;
(1)(b) through the executive director:
(1)(b)(i) shall invest the money in the Utah State Retirement Investment Fund; and
(1)(b)(ii) may provide for the holding, purchasing, selling, assigning, transferring, and disposing of any of the securities and investments in which any of the money of the Utah
State Retirement Investment Fund is invested.
(2)Fees for all services shall be paid from the interest earnings of the Utah State Retirement Investment Fund.
(3)Title to real estate or any other fund investment may be:
(3)(a) held in the name of the Utah State Retirement Investme
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Legislative History
Renumbered and Amended by Chapter 250, 2002 General Session
Nearby Sections
15
§ 49-11-1001
Partial lump-sum payment option.§ 49-11-101
Title.§ 49-11-102
Definitions.§ 49-11-103
Purpose -- Liberal construction.§ 49-11-1102
Public notice of administrative board meetings -- Posting on Utah Public Notice Website.§ 49-11-1103
Public information requests.§ 49-11-1201
Title.§ 49-11-1202
Definitions.§ 49-11-1203
Applicability.§ 49-11-1206
Notice of postretirement reemployment.§ 49-11-1208
Rulemaking.