Utah Statutes
§ 67-19f-301 — Investment of State Employees' Annual Leave Program II Trust Fund.
Utah § 67-19f-301
JurisdictionUtah
Title 67State Officers and Employees
Ch. 67-19fState Employees' Annual Leave Trust Fund Act
Part 67-19f-3Investment of Trust Funds
This text of Utah § 67-19f-301 (Investment of State Employees' Annual Leave Program II Trust Fund.) 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. § 67-19f-301 (2026).
Text
(1)The state treasurer shall invest the assets of the trust fund with the primary goal of providing for the stability, income, and growth of the principal.
(2)Nothing in this section requires a specific outcome in investing.
(3)The state treasurer may deduct any administrative costs incurred in managing trust fund assets from earnings before distributing the trust fund assets.
(4)(4)(a) The state treasurer may employ professional asset managers to assist in the investment of assets of the trust fund.
(4)(b) The treasurer may only provide compensation to asset managers from earnings generated by the trust fund's investments.
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Legislative History
Enacted by Chapter 437, 2014 General Session
Nearby Sections
15
§ 67-1-1
General powers and duties.§ 67-1-1.5
Gubernatorial appointment powers.§ 67-1-12
Displaced defense workers.§ 67-1-14
Information technology.§ 67-1-4
Records to be kept.§ 67-1-5
Commissioning officers.Cite This Page — Counsel Stack
Bluebook (online)
Utah § 67-19f-301, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/67-19f-301.