{"data":{"id":"us-ut/utah-code-9-8-707","jurisdiction":"us-ut","citation":"Utah Code § 9-8-707","heading":"Spending restrictions -- Return of endowment.","body":"(1) A qualifying organization that has received endowment money from funds made available for that purpose:\n(a) may not expend the money or the required matching money in the endowment fund; and\n(b) may expend the interest income earned on the money in the endowment fund.\n(2) If a qualifying organization expends money in violation of Subsection (1), the qualifying organization shall return the amount of money allocated by the society under this part to the Division of Finance.","path":["Title 9 Cultural and Community Engagement","Chapter 9-8 History Development","Part 9-8-7 Endowment Funds for History Organizations"],"source_url":"https://le.utah.gov/xcode/Title9/Chapter8/9-8-S707.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"876468ae0fc701f231fdf55f7a0ea436a7db5e14c1bf96a2accc96adb44e82a4","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-9-8-705","next":"us-ut/utah-code-9-8-708"},"notice":"GroundRules: Original legal text. Not legal advice."}
