§ 63H-1-706. Authority chief financial officer is a public treasurer -- Certain authority funds are public funds.

Latest version.

(1)

The authority's chief financial officer:

(a)	is a public treasurer, as defined in Section 51-7-3; and

(b)	shall invest the authority funds specified in Subsection (2) as provided in that subsection.

(2)

Notwithstanding Subsection 63E-2-110(2)(a), tax increment funds, municipal services revenue, and appropriations that the authority receives from the state:

(a)	are public funds; and

(b)	shall be invested as provided in Title 51, Chapter 7, State Money Management Act.

Enacted by Chapter 92, 2009 General Session

                    
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