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
Download Code Section Zipped WordPerfect 53B08a011100.ZIP 1,959 Bytes


Sections in this Chapter|Chapters in this Title|All Titles|Legislative Home Page

Last revised: Wednesday, July 23, 2008