63M-1-1223 - Permissible investments.

63M-1-1223. Permissible investments.
Investments by designated investors in the Utah fund of funds are permissibleinvestments under applicable laws of the state for:
(1) state-chartered banks;
(2) state-chartered savings and loan associations;
(3) state-chartered credit unions;
(4) state-chartered industrial banks; and
(5) domestic insurance companies.

Renumbered and Amended by Chapter 382, 2008 General Session