Authority chief financial officer is a public treasurer -- Certain authority funds are public funds.

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  6. Authority chief financial officer is a public treasurer -- Certain authority funds are public funds.

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Affected by 63I-1-211 on 1/1/2029

Effective 5/8/2018
11-59-404. Authority chief financial officer is a public treasurer -- Certain authority funds are public funds.
  • (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), 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.




Technically renumbered for proper placement.


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