49-19-104 - Creation of trust fund.
49-19-104. Creation of trust fund.
(1) There is created the "Utah Governors' and Legislators' Retirement Trust Fund" for thepurpose of paying the benefits and costs of administering this plan.
(2) The fund shall consist of all money paid into it, including interest, in accordance withthis chapter, whether in the form of cash, securities, or other assets, and of all money receivedfrom any other source.
(3) Custody, management, and investment of the fund shall be governed by Chapter 11,Utah State Retirement Systems Administration.
Renumbered and Amended by Chapter 250, 2002 General Session