Exemptions from chapter.

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  • (1) funds invested in accordance with the participating employees' designation or direction pursuant to a public employees' deferred compensation plan established and operated in compliance with Section 457 of the Internal Revenue Code of 1986, as amended;
  • (2) funds of the Utah State Retirement Board;
  • (3) funds of the Utah Housing Corporation;
  • (4) endowment funds of higher education institutions;
  • (5) permanent and other land grant trust funds established pursuant to the Utah Enabling Act and the Utah Constitution;
  • (6) the State Post-Retirement Benefits Trust Fund;
  • (7) the funds of the Utah Educational Savings Plan;
  • (8) funds of the permanent state trust fund created by and operated under Utah Constitution, Article XXII, Section 4;
  • (9) the funds in the Navajo Trust Fund;
  • (10) the funds in the Radioactive Waste Perpetual Care and Maintenance Account;
  • (11) the funds in the Employers' Reinsurance Fund;
  • (12) the funds in the Uninsured Employers' Fund;
  • (13) the Utah State Developmental Center Long-Term Sustainability Fund, created in Section 62A-5-206.7; and
  • (14) the funds in the Risk Management Fund created in Section 63A-4-201.




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