Utah Statutes
§ 53H-10-403 — Deposit of match.
Utah·Title 53H Higher Education·Ch. 53H-10 Utah Education Savings·Part 53H-10-4 Education Savings Incentive Program
(1)The plan shall deposit a match from the Education Savings Incentive Restricted Account, created in Section 35A-9-602, into a 529 savings account in accordance with the provisions of Section 35A-9-605.
(2)If, upon receiving a transfer described in Subsection (1), the plan determines that the 529 savings account into which the plan is to deposit the match has been closed, the plan shall return the match to the department.
(3)The plan shall send the department an electronic receipt of the match deposits.
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Legislative History
Renumbered and Amended by Chapter 8, 2025 Special Session 1
Nearby Sections
15
§ 53H-1-101
Title 53H Definitions.§ 53H-1-102
Utah system of higher education.§ 53H-1-201
General Provisions -- Definitions.§ 53H-1-205
Board Member Qualifications.§ 53H-1-206
Committees.§ 53H-1-301
General Provisions -- Definitions.§ 53H-1-303
Appointment and hiring of staff.