Section 204 – Utah Capital Investment Restricted Account.

• (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:
  • (a) administer the account;
  • (b) invest money in the restricted account in accordance with Title 51, Chapter 7, State Money Management Act; and
  • (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.

Amended by Chapter 298, 2022 General Session