Utah Administrative Code
Topic - Governor
Title R357 - Economic Opportunity
Rule R357-7 - Utah Capital Investment Board
Section R357-7-2 - Authority
Universal Citation: UT Admin Code R 357-7-2
Current through Bulletin 2024-06, March 15, 2024
(1) U.C.A. Section s 63N-6-203, 63N-6-401, 63N-6-406 and 63N-6-408 require the Board to:
(a) Make rules
establishing the manner by which it allocates, issues, calculates, certifies
and provides for the application for, transfer and redemption of, contingent
tax credits;
(b) Establish criteria
and procedures for assessing the likelihood of future certificate redemptions
by designated investor s; and
(c)
Set a target rate of return or range of returns for the investment portfolio of
the Utah Fund of Funds.
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