Utah § 78B-6-1240 Investment of securities by court clerk -- Accounting.

Utah Statutes

§ 78B-6-1240 — Investment of securities by court clerk -- Accounting.

Utah § 78B-6-1240

Title 78BJudicial Code

Ch. 78B-6Particular Proceedings

Part 78B-6-12Partition

This text of Utah § 78B-6-1240 (Investment of securities by court clerk -- Accounting.) 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. § 78B-6-1240 (2026).

Text

The clerk of the court in whose name a security is taken or by whom an investment is made, and his successors in office, shall receive the interest and principal as it becomes due, and apply and invest the same as the court may direct.  The clerk shall also deposit with the county treasurer all securities taken, and keep an account, in a book provided and kept for that purpose in the clerk's office, free to inspection by all persons, of investments and money received and their disposition.

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The clerk of the court in whose name a security is taken or by whom an investment is made, and his successors in office, shall receive the interest and principal as it becomes due, and apply and invest the same as the court may direct. The clerk shall also deposit with the county treasurer all securities taken, and keep an account, in a book provided and kept for that purpose in the clerk's office, free to inspection by all persons, of investments and money received and their disposition.