9-6-501 - Definitions.
9-6-501. Definitions.
As used in this part:
(1) "Endowment fund" means any arts endowment fund created under this chapter by aqualifying organization.
(2) "Qualifying organization" means any Utah nonprofit arts organization that qualifiesunder this chapter to create an endowment fund, receive state money into the endowment fund,match state money deposited into the endowment fund, and expend interest earned on theendowment fund.
(3) "State fund" means the Utah Arts Endowment Fund created under Section 9-6-502.
Renumbered and Amended by Chapter 241, 1992 General Session