Utah Statutes
§ 51-7-6 — Public Treasurers' Investment Fund -- Calculation of shares of participating funds -- Allocations of income to participating funds.
Utah § 51-7-6
This text of Utah § 51-7-6 (Public Treasurers' Investment Fund -- Calculation of shares of participating funds -- Allocations of income to participating funds.) 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. § 51-7-6 (2026).
Text
(1)The share of public funds of each participating public treasurer who has transferred public funds to the Public Treasurers' Investment Fund, including trust funds invested by the state treasurer under this chapter, shall be calculated not less than quarterly.
(2)Income from investment of these public funds by the state treasurer, including gains or losses from the sale or exchange of investments or other properties, and net of investment fees and other charges assessed according to the schedule established by the state treasurer, shall be allocated to each participating fund on the ratio of each fund's share to the total public funds in the custody of the state treasurer determined on the basis of the average daily balance of each fund.
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Legislative History
Amended by Chapter 387, 2024 General Session
Nearby Sections
15
§ 51-10-101
Title.§ 51-10-102
Definitions.§ 51-10-201
Fund created.§ 51-10-203
Office of Trust Administrator.§ 51-10-204
Trust administrator duties.§ 51-10-205
Expenditures from the fund.§ 51-10-206
Diné Advisory Committee.§ 51-12-101
Definitions.§ 51-12-102
Reporting.§ 51-12-201
Investment opportunities.§ 51-12-202
Terms of deposit.§ 51-12-203
Penalty.§ 51-13-101
Definitions.Cite This Page — Counsel Stack
Bluebook (online)
Utah § 51-7-6, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/51-7-6.