Utah § 53H-10-212 Property rights to plan assets.

Utah Statutes

§ 53H-10-212 — Property rights to plan assets.

Utah § 53H-10-212

Title 53HHigher Education

Ch. 53H-10Utah Education Savings

Part 53H-10-2Utah Educational Savings Plan

This text of Utah § 53H-10-212 (Property rights to plan assets.) 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. § 53H-10-212 (2026).

Text

(1)The assets of the plan, including the program fund and the endowment fund, shall at all times be preserved, invested, and expended solely and only for the purposes of the plan and shall be held in trust for the account owners and beneficiaries.

(2)No property rights in the plan shall exist in favor of the state.

(3)The assets may not be transferred or used by the state for any purposes other than the purposes of the plan.

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(1) The assets of the plan, including the program fund and the endowment fund, shall at all times be preserved, invested, and expended solely and only for the purposes of the plan and shall be held in trust for the account owners and beneficiaries.
(2) No property rights in the plan shall exist in favor of the state.
(3) The assets may not be transferred or used by the state for any purposes other than the purposes of the plan.