Utah Code § 53D-2-301: Advocacy office governance -- State treasurer role and duties.

(1) The advocacy council, established in Section 53D-2-302, and the state treasurer govern the advocacy office with separate and distinct responsibilities enumerated in this chapter.

(2) The state treasurer, acting in a fiduciary capacity to the trust beneficiaries, shall:

(a) appoint an advocacy director, as provided in Section 53D-2-401;

(b) oversee and provide administrative support to the advocacy office;

(c) verify compliance with reporting requirements for the advocacy director;

(d) submit an advocacy office budget to the Legislature; and

(e) have authority to approve a requested reduction in the annual distribution for an institutional beneficiary under the conditions described in Subsection 53D-2-501(4)(f), after consultation with the trust beneficiary and the advocacy director.

(3) A cause of action may not be maintained against the state treasurer for an act or omission made in the course of exercising a duty under this chapter if:

(a) the act or omission is taken in good faith; and

(b) the act or omission is taken in a manner the treasurer reasonably believes to be in the best interests of the trust beneficiaries.