9-8-704 - Division duties. - Utah Statutes

State Codes and Statutes

Statutes > Utah > Title-09 > Chapter-08 > 9-8-704

9-8-704. Division duties.
The division shall, according to policy established by the board:
(1) allocate money from the state fund to the endowment fund created by a qualifyingorganization under Section 9-8-703;
(2) determine the eligibility of each qualifying organization to receive money from thestate fund into the endowment fund of the qualifying organization;
(3) determine the matching amount each qualifying organization must raise in order toqualify to receive money from the state fund;
(4) establish a date by which each qualifying organization must provide its matchingfunds;
(5) verify that matching funds have been provided by each qualifying organization by thedate determined in Subsection (4); and
(6) in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act,establish criteria by rule not otherwise prescribed in this chapter for determining the eligibility ofqualifying organizations to receive money from the state fund.

Amended by Chapter 382, 2008 General Session

State Codes and Statutes

Statutes > Utah > Title-09 > Chapter-08 > 9-8-704

9-8-704. Division duties.
The division shall, according to policy established by the board:
(1) allocate money from the state fund to the endowment fund created by a qualifyingorganization under Section 9-8-703;
(2) determine the eligibility of each qualifying organization to receive money from thestate fund into the endowment fund of the qualifying organization;
(3) determine the matching amount each qualifying organization must raise in order toqualify to receive money from the state fund;
(4) establish a date by which each qualifying organization must provide its matchingfunds;
(5) verify that matching funds have been provided by each qualifying organization by thedate determined in Subsection (4); and
(6) in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act,establish criteria by rule not otherwise prescribed in this chapter for determining the eligibility ofqualifying organizations to receive money from the state fund.

Amended by Chapter 382, 2008 General Session

State Codes and Statutes

Back To Homepage

State Codes and Statutes

Statutes > Utah > Title-09 > Chapter-08 > 9-8-704

9-8-704. Division duties.
The division shall, according to policy established by the board:
(1) allocate money from the state fund to the endowment fund created by a qualifyingorganization under Section 9-8-703;
(2) determine the eligibility of each qualifying organization to receive money from thestate fund into the endowment fund of the qualifying organization;
(3) determine the matching amount each qualifying organization must raise in order toqualify to receive money from the state fund;
(4) establish a date by which each qualifying organization must provide its matchingfunds;
(5) verify that matching funds have been provided by each qualifying organization by thedate determined in Subsection (4); and
(6) in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act,establish criteria by rule not otherwise prescribed in this chapter for determining the eligibility ofqualifying organizations to receive money from the state fund.

Amended by Chapter 382, 2008 General Session