This subchapter applies to activities of the county with regard to investing the financial assets of all funds. Funds held by trustees or fiscal agents are excluded from these rules; however, all funds are subject to regulations established by the state. Certain funds are exempt from this policy and may be covered by separate policies. Exempt funds are specified in the state’s Money Management Act, UCA § 51-7-2.
(Ord. 2021-04, passed 1-19-2021)