Utah Statutes
§ 63N-6-402 — Compensation from the Utah fund of funds to the corporation -- Transfer to restricted account.
Utah·Title 63N Economic Opportunity Act·Ch. 63N-6 Utah Venture Capital Enhancement Act·Part 63N-6-4 Utah Fund of Funds
(1)The corporation shall be compensated for its involvement in the Utah fund of funds through the payment of the management fee described in Section 63N-6-305.
(2)(2)(a) On or before June 30, 2022, the Utah fund of funds shall transfer $15,000,000 to the state treasurer.
(2)(b) The state treasurer shall deposit the money described in Subsection (2)(a) into the restricted account.
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Utah § 63N-6-402 (Compensation from the Utah fund of funds to the corporation -- Transfer to restricted account.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Chapter 298, 2022 General Session
Nearby Sections
15
§ 63N-13-101
Title -- Projects to assist companies to secure new business with federal, state, and local governments.§ 63N-13-301
Title.§ 63N-13-302
Definitions.§ 63N-13-303
Contract with facilitator.§ 63N-13-304
Functions and responsibilities of facilitator.§ 63N-13-305
Office oversight over contract performance of facilitator -- Office reports to Legislature.§ 63N-16-102
Definitions.§ 63N-16-104
Creation and duties of advisory committee.§ 63N-16-105
Annual report.§ 63N-16-202
Scope of the regulatory sandbox.§ 63N-16-203
Consumer protection for regulatory sandbox.§ 63N-16-204
Requirements for exiting regulatory sandbox.