Utah Admin. Code 628-17-3

Current through Bulletin 2024-23, December 1, 2024
Section R628-17-3 - Purpose

The purpose of this rule is to provide guidelines for treasurers when investing public funds in commercial paper or corporate obligations. The guidelines established by this rule are designed to be flexible enough to allow public treasurers to receive competitive market rates on funds placed in these types of investment instruments while maintaining sufficient protection from loss.

Utah Admin. Code R628-17-3

Amended by Utah State Bulletin Number 2022-17, effective 8/23/2022