Utah § 51-7-23 - Transition of investments previously authorized.

Full text of Utah Utah Code § 51-7-23 — Transition of investments previously authorized., with citation guidance and answers to common questions.

§ 51-7-23. Transition of investments previously authorized.

Effective 5/9/2017
51-7-23.  Transition of investments previously authorized.
(1) Any investment held by a public treasurer that as of June 30, 2015, is not in compliance with the provisions of this chapter is subject to review by the council.
(2)
(a) No later than July 31, 2015, a public treasurer who holds an investment described in Subsection (1) shall provide the council a written report that outlines a reasonable plan to bring the investment into compliance.
(b) A plan described in Subsection (2)(a) is subject to annual review by the council.
(c) The council may authorize, with substantial justification, an exception to the five-year maturity requirements of Section 51-7-11.


Amended by Chapter 338, 2017 General Session

Source: official Utah text · Last verified 2026-08-27

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Frequently Asked Questions About Utah § 51-7-23

What does Utah Code § 51-7-23 cover?

Section 51-7-23 ("Transition of investments previously authorized.") is part of the Utah Code, the codified statutory law of Utah. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Utah § 51-7-23?

A common citation format is "Utah Code § 51-7-23" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Utah law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.

How does Utah § 51-7-23 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Utah.