Utah § 63N-3-801 Creation and administration.

Utah Statutes

§ 63N-3-801 — Creation and administration.

Utah § 63N-3-801

Title 63NEconomic Opportunity Act

Ch. 63N-3Economic Development Programs

Part 63N-3-8State Small Business Credit Initiative Program Fund

This text of Utah § 63N-3-801 (Creation and administration.) 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. § 63N-3-801 (2026).

Text

(1)There is created an enterprise fund known as the "State Small Business Credit Initiative Program Fund" administered by the office.

(2)The executive director or the executive director's designee is the administrator of the fund.

(3)Revenues deposited into the fund shall consist of:

(3)(a) grants, pay backs, bonuses, entitlements, and other money received from the federal government to implement the State Small Business Credit Initiative; and

(3)(b) transfers, grants, gifts, bequests, and other money made available from any source to implement this part.

(4)(4)(a) The state treasurer shall invest the money in the fund according to the procedures and requirements of Title 51, Chapter 7, State Money Management Act.

(4)(b) Interest and other earnings derived from the fund money shall be

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(1) There is created an enterprise fund known as the "State Small Business Credit Initiative Program Fund" administered by the office.
(2) The executive director or the executive director's designee is the administrator of the fund.
(3) Revenues deposited into the fund shall consist of:

(3)(a) grants, pay backs, bonuses, entitlements, and other money received from the federal government to implement the State Small Business Credit Initiative; and
(3)(b) transfers, grants, gifts, bequests, and other money made available from any source to implement this part.
(4) (4)(a) The state treasurer shall invest the money in the fund according to the procedures and requirements of Title 51, Chapter 7, State Money Management Act.
(4)(b) Interest and other earnings derived from the fund money shall be deposited in the fund.
(5) The office may use fund money for administration of the fund.