Utah Admin. Code 628-24-8

Current through Bulletin 2024-23, December 1, 2024
Section R628-24-8 - Reporting by Higher Education Institutions of Foreign Deposits

The higher education institution shall file a written report with the Council on or before July 31 and January 31 of each year containing the following information for deposits held on June 30 and December 31 respectively:

(1) Total market value of the deposit account which will include previous historical ending balances up to 3 years;
(2) Total market value of uninsured deposits in the deposit account, which will include previous historical ending balances up to 3 years;
(3) Debt rating of the FDI; and
(4) Debt rating of the country in which the FDI is located.

Utah Admin. Code R628-24-8

Adopted by Utah State Bulletin Number 2024-13, effective 6/21/2024