Utah Statutes
§ 53C-3-103 — Disposition of interest on permanent funds.
Utah·Title 53C School and Institutional Trust Lands Management Act·Ch. 53C-3 Deposit and Allocation of Revenue from Trust Lands·Part 53C-3-1 Land Grant Management Fund - Disposition of Revenue
The trust distributions derived from the investment of funds belonging to the permanent State School Fund and the permanent funds of the respective state institutions shall be distributed for use for the maintenance of public elementary and secondary schools or the state institutions in accordance with applicable law.
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Legislative History
Amended by Chapter 172, 2016 General Session
Nearby Sections
15
§ 53C-1-101
Title.§ 53C-1-102
Purpose.§ 53C-1-103
Definitions.§ 53C-1-203
Board of trustees nominating committee -- Composition -- Responsibilities -- Per diem and expenses.§ 53C-1-204
Policies established by board -- Director.§ 53C-1-304
Rules to ensure procedural due process -- Board review of director action -- Judicial review.§ 53C-1-307
Annual report.