Utah § 49-11-302 - Board duties with respect to fund.

Full text of Utah Utah Code § 49-11-302 — Board duties with respect to fund., with citation guidance and answers to common questions.

§ 49-11-302. Board duties with respect to fund.

49-11-302.  Board duties with respect to fund.
(1) The board:
(a) shall review and establish the asset allocation of the Utah State Retirement Investment Fund for investment, and with the executive director, shall determine the method of investing the funds;
(b) through the executive director:
(i) shall invest the money in the Utah State Retirement Investment Fund; and
(ii) may provide for the holding, purchasing, selling, assigning, transferring, and disposing of any of the securities and investments in which any of the money of the Utah
State Retirement Investment Fund is invested.
(2) Fees for all services shall be paid from the interest earnings of the Utah State Retirement Investment Fund.
(3) Title to real estate or any other fund investment may be:
(a) held in the name of the Utah State Retirement Investment Fund; or
(b) held in another name or names as determined by the board.


Renumbered and Amended by Chapter 250, 2002 General Session

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

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Frequently Asked Questions About Utah § 49-11-302

What does Utah Code § 49-11-302 cover?

Section 49-11-302 ("Board duties with respect to fund.") 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 § 49-11-302?

A common citation format is "Utah Code § 49-11-302" (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 § 49-11-302 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.