Utah Code § 38-11-206

Current through the 2024 Fourth Special Session

Section 38-11-206 - Limitations on fund balance

By October 1 of each year, the division shall provide a written report to the Legislature and the Business and Labor Interim Committee that describes:

(1) the amount of money in the fund, including the encumbered fund balance;

(2) an estimate of when the fund will have insufficient money to continue to pay claims under this chapter; and

(3) a recommendation to the Legislature of whether the substantive provisions of this chapter should be repealed due to insufficient money in the fund.

Utah Code § 38-11-206

Repealed and reenacted by Chapter 229, 2018 General Session ,§ 8, eff. 5/8/2018.

Amended by Chapter 367, 2011, 2011 General Session.