Effective 7/1/2017
53C-3-103. Disposition of interest on permanent funds.
The trust distributions derived from the investment of funds belonging to the permanent State School Fund and the permanent funds of the respective state institutions shall be distributed for use for the maintenance of public elementary and secondary schools or the state institutions in accordance with applicable law.
53C-3-103. Disposition of interest on permanent funds.
The trust distributions derived from the investment of funds belonging to the permanent State School Fund and the permanent funds of the respective state institutions shall be distributed for use for the maintenance of public elementary and secondary schools or the state institutions in accordance with applicable law.
Amended by Chapter 172, 2016 General Session