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6,137 statutes · page 39 of 307
United States — Utah legislation
20 statutes shown from 6,137 source-backed records
A governing board may increase the total budget appropriation of a fund by resolution at a regular or specially called meeting if written notice was mailed or delivered to all board members at least five days before the meeting.
The treasurer of an interlocal entity must promptly deposit interlocal entity funds in the entity’s bank accounts, and a person must not commingle those funds with personal money.
The interlocal entity clerk or another delegated person must prepare and present a detailed quarterly financial report to the governing board.
The interlocal entity must prepare an annual financial report within 180 days after each fiscal year ends, or may satisfy that requirement by presenting the auditor’s audit report.
An interlocal entity must facilitate an audit, and the governing board must appoint an auditor.
An interlocal entity may expand certain uniform accounting, budgeting, or reporting procedures required by generally accepted accounting principles, but may not change the basic prescribed classification systems for funds and accounts.
An interlocal entity board must hold a public hearing and give notice before imposing a new fee or increasing an existing fee for a service provided by the entity.
An interlocal entity may set up a fee structure that allows certain people to apply for a fee credit, and if it does, it must make the credit available to home owners and residential tenants.
Public agency insurance mutuals and reserve funds -- Investment standard for public agency insurance mutuals. A public agency insurance mutual or reserve fund may form one or more captive insurance companies in accordance with Title 31A,
Title. This part is known as "Taxed Interlocal Entities."
This section defines terms used in the part.
Taxed interlocal entity. Except for purposes of an audit, examination, investigation, or review by the legislative auditor general as described in Subsection (8) and notwithstanding any other provision of law: the use of an asset by a
Segments authorized. If a taxed interlocal entity is a project entity, and to the extent authorized in a taxed interlocal entity's organization agreement or by a majority of the public entities that are parties to a taxed interlocal
A segment notice must state specified entity information, be acknowledged by a director or officer, and the county recorder must record it if submitted and compliant.
A segment is generally limited to a single member: its associated entity, unless the organizing resolution allows a public agency to be included and sets out the required membership terms.
Directors and officers of a taxed interlocal entity or segment are generally shielded from liability for actions taken in that role, except for certain serious breaches.
Termination of associated entity or segment. The termination of a segment does not affect the segment's or the segment's associated entity's limitation on liabilities under this part. A segment is terminated upon the termination of the
Title. This chapter is known as the "Governmental Nonprofit Corporations Act."
This section defines several terms used in the chapter, including “controlling interest,” “governing board,” “governmental entity,” “governmental nonprofit corporation,” and “municipality.”
A governing board must manage the corporation’s affairs, elect a chair, and members owe fiduciary duties; it may elect other officers and set office terms.
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