Utah Admin. Code 357-7-2

Current through Bulletin 2024-17, September 1, 2024

Section R357-7-2 - Authority

(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.

Utah Admin. Code R357-7-2

Adopted by Utah State Bulletin Number 2014-19, effective 9/11/2014

Adopted by Utah State Bulletin Number 2016-11, effective 5/16/2016