Utah § 63N-6-204 Utah Capital Investment Restricted Account.

Utah Statutes

§ 63N-6-204 — Utah Capital Investment Restricted Account.

Utah § 63N-6-204

Title 63NEconomic Opportunity Act

Ch. 63N-6Utah Venture Capital Enhancement Act

Part 63N-6-2Utah Capital Investment Restricted Account

This text of Utah § 63N-6-204 (Utah Capital Investment Restricted Account.) 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-6-204 (2026).

Text

(1)There is created a restricted account within the General Fund known as the Utah Capital Investment Restricted Account.

(2)The restricted account shall be funded by disbursements from the Utah fund of funds or the corporation.

(3)The state treasurer shall:

(3)(a) administer the account;

(3)(b) invest money in the restricted account in accordance with Title 51, Chapter 7, State Money Management Act; and

(3)(c) deposit interest or other earnings derived from investment of restricted account money into the restricted account.

(4)The Legislature may appropriate funds from the restricted account to the General Fund or for any other lawful purpose.

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(1) There is created a restricted account within the General Fund known as the Utah Capital Investment Restricted Account.
(2) The restricted account shall be funded by disbursements from the Utah fund of funds or the corporation.
(3) The state treasurer shall:

(3)(a) administer the account;
(3)(b) invest money in the restricted account in accordance with Title 51, Chapter 7, State Money Management Act; and
(3)(c) deposit interest or other earnings derived from investment of restricted account money into the restricted account.
(4) The Legislature may appropriate funds from the restricted account to the General Fund or for any other lawful purpose.