Utah § 49-11-302 Board duties with respect to fund.

Utah Statutes

§ 49-11-302 — Board duties with respect to fund.

Utah § 49-11-302

Title 49Utah State Retirement and Insurance Benefit Act

Ch. 49-11Utah State Retirement Systems Administration

Part 49-11-3Investment Fund

This text of Utah § 49-11-302 (Board duties with respect to fund.) 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. § 49-11-302 (2026).

Text

(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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(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 Investment Fund; or
(3)(b) held in another name or names as determined by the board.