9-6-502. Utah Arts Endowment Fund.
(1) There is created a restricted special revenue fund known as the "Utah Arts
Endowment Fund."
(2) The state fund shall be administered by the board in accordance with applicable law.
(3) Any administrative costs incurred by the board shall be reviewed by the appropriate
appropriations committee of the Legislature.
(4) The state fund shall contain all moneys appropriated to it by the Legislature, all
federal funds received for purposes of this part, plus interest and other income earned on them.
(5) The purpose of the state fund is to provide moneys to qualifying arts organizations to
enable them to create their own arts endowment funds and to the board to administer the state
fund.
Amended by Chapter 256, 2002 General Session
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Last revised: Thursday, May 28, 2009