Utah Statutes

§ 51-7-11.5 — Certified investment advisers -- Scope of and limits to authority.

Utah § 51-7-11.5
JurisdictionUtah
Title 51Public Funds and Accounts
Ch. 51-7State Money Management Act

This text of Utah § 51-7-11.5 (Certified investment advisers -- Scope of and limits to authority.) 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. § 51-7-11.5 (2026).

Text

(1)A certified investment adviser may not make any investments that are inconsistent with this chapter or rules of the council.
(2)Except as provided in Subsection (3), a certified investment adviser acting on behalf of a public treasurer shall conduct investment transactions only through qualified depositories, certified dealers, or directly with issuers of the investment securities.
(3)Subject to rules of the council, a certified investment adviser may use the adviser's own approved list of brokers and dealers.

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Legislative History

Amended by Chapter 338, 2017 General Session

Nearby Sections

15
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Bluebook (online)
Utah § 51-7-11.5, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/51-7-11.5.