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UTAH STATUTES AND CODES
78B-6-1240 - Investment of securities by court clerk -- Accounting.
78B-6-1240. Investment of securities by court clerk -- Accounting.
The clerk of the court in whose name a security is taken or by whom an investment ismade, and his successors in office, shall receive the interest and principal as it becomes due, andapply and invest the same as the court may direct. The clerk shall also deposit with the countytreasurer all securities taken, and keep an account, in a book provided and kept for that purposein the clerk's office, free to inspection by all persons, of investments and money received andtheir disposition.
The clerk of the court in whose name a security is taken or by whom an investment ismade, and his successors in office, shall receive the interest and principal as it becomes due, andapply and invest the same as the court may direct. The clerk shall also deposit with the countytreasurer all securities taken, and keep an account, in a book provided and kept for that purposein the clerk's office, free to inspection by all persons, of investments and money received andtheir disposition.
Renumbered and Amended by Chapter 3, 2008 General Session
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