§ 51-2a-204. Grants to nonprofit corporations -- Reporting to the state auditor. (Effective 5/13/2014)


Latest version.
  • (1) A state entity that grants money to a nonprofit corporation shall enter into a written agreement with the nonprofit corporation that requires the nonprofit corporation to:
    (a) disclose whether:
    (i) it met or exceeded the requirements listed in Subsection 51-2a-102(6)(f) in the previous fiscal year of the nonprofit corporation; and
    (ii) it anticipates meeting or exceeding the requirements listed in Subsection 51-2a-102(6)(f) in the fiscal year the grant is issued; and
    (b) comply with the requirements of Title 63J, Chapter 9, Nonprofit Entity Receipt of State Money Act.
    (2) If the nonprofit corporation discloses to the state entity that it meets or exceeds the requirements listed in Subsection 51-2a-102(6)(f) as described in Subsection (1), the state entity shall notify the state auditor.
Enacted by Chapter 341, 2014 General Session