53B-8a-111. Annual audit of financial statements -- Information to governor and
Legislature.
(1) The financial statements of the Utah Educational Savings Plan Trust shall be audited
annually by the state auditor or the state auditor's designee and reported in accordance with
generally accepted accounting principles.
(2) The board shall submit to the governor and the Legislature:
(a) upon request, any studies or evaluations of the Utah Educational Savings Plan Trust;
(b) upon request, a summary of the benefits provided by the Utah Educational Savings
Plan Trust including the number of participants and beneficiaries in the Utah Educational
Savings Plan Trust; and
(c) upon request, any other information which is relevant in order to make a full, fair, and
effective disclosure of the operations of the Utah Educational Savings Plan Trust.
Amended by Chapter 196, 2008 General Session
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Last revised: Wednesday, July 23, 2008