Utah § 53D-1-503 Process of nominating candidates for board membership.

Utah Statutes

§ 53D-1-503 — Process of nominating candidates for board membership.

Utah § 53D-1-503

Title 53DSchool and Institutional Trust Fund Management and Land Trusts Protection and Advocacy Office

Ch. 53D-1School and Institutional Trust Fund Management Act

Part 53D-1-5Nominating Committee

This text of Utah § 53D-1-503 (Process of nominating candidates for board membership.) 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. § 53D-1-503 (2026).

Text

(1)The nominating committee shall nominate at least two candidates for each position or vacancy on the board.

(2)The nominating committee shall:

(2)(a) nominate candidates who meet the criteria stated in Subsection 53D-1-301(3); and

(2)(b) consider the character and reputation of candidates the nominating committee nominates.

(3)If the state treasurer considers the candidates nominated under Subsection (1) to be unacceptable, the state treasurer may request the nominating committee to nominate at least two other candidates per appointment.

(4)As many times as the state treasurer considers candidates nominated by the nominating committee to be unacceptable under Subsection (3), the nominating committee shall follow the process described in Subsections (1) and (2) until the state treasu

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(1) The nominating committee shall nominate at least two candidates for each position or vacancy on the board.
(2) The nominating committee shall:

(2)(a) nominate candidates who meet the criteria stated in Subsection 53D-1-301(3); and
(2)(b) consider the character and reputation of candidates the nominating committee nominates.
(3) If the state treasurer considers the candidates nominated under Subsection (1) to be unacceptable, the state treasurer may request the nominating committee to nominate at least two other candidates per appointment.
(4) As many times as the state treasurer considers candidates nominated by the nominating committee to be unacceptable under Subsection (3), the nominating committee shall follow the process described in Subsections (1) and (2) until the state treasurer appoints a candidate.