There is created an enterprise fund entitled the Utah State Fair Fund.
(b)
The executive director shall administer the fund under the direction of the board.
(2)
The fund consists of money generated from the following revenue sources:
(a)
money the authority receives under Section 11-70-203;
(b)
money the authority receives under a lease agreement for the lease of any part of fair park land;
(c)
revenue received from any expositions or other events wholly or partially sponsored by the authority;
(d)
aid or contributions of money, property, labor, or other things of value from any source, including any grants or appropriations from any department, agency, or instrumentality of the United States or the state;
(e)
appropriations made to the fund by the Legislature; and
(f)
any other income obtained by the authority.
(3)
(a)
The fund shall earn interest.
(b)
All interest earned on fund money shall be deposited into the fund.
(4)
The executive director may use fund money to operate, maintain, and support the Utah State Fair, the fair park land, and other expositions sponsored by the authority.
Section 11-68-403 ("Enterprise fund -- Creation -- Revenue -- Uses.") 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 § 11-68-403?
A common citation format is "Utah Code § 11-68-403" (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 § 11-68-403 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.