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Public Funds and Accounts | |
State Money Management Act | |
Section 2 | Exemptions from chapter. |
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51-7-2. Exemptions from chapter. The following funds are exempt from this chapter: (1) funds invested in accordance with the participating employees' designation or direction pursuant to a public employees' deferred compensation plan established and operated in compliance with Section 457 of the Internal Revenue Code of 1986, as amended; (2) funds of the Workers' Compensation Fund; (3) funds of the Utah State Retirement Board; (4) funds of the Utah Housing Corporation; (5) endowment funds of higher education institutions; (6) permanent and other land grant trust funds established pursuant to the Utah Enabling Act and the Utah Constitution; (7) the State Post-Retirement Benefits Trust Fund; and (8) the funds of the Utah Educational Savings Plan.
Amended by Chapter 46, 2011 General Session |
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