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Utah Code § 4-2-203

This is the official text of Utah Code § 4-2-203, part of Utah’s Code — part of the compiled statutory law of Utah, published by the state as "Code." Browse the sections below, each linked to its official government source.

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§ 4-2-203. Department of Agriculture and Food Laboratory Equipment Fund.

Official statutory text

(1) There is created an expendable special revenue fund known as the Department of Agriculture and Food Laboratory Equipment Fund, which is referred to in this section as the "fund." (2) The fund consists of: (a) collections the Division of Laboratories within the department receives under this title that are not expended during the previous fiscal year; (b) appropriations from the Legislature; and (c) interest and earnings on the fund. (3) The state treasurer shall invest the money in the fund according to Title 51, Chapter 7, State Money Management Act, except that interest or other earnings derived from those investments shall be deposited into the fund. (4) The department may use money in the fund only to pay for the repair, replacement, or upgrade of laboratory equipment in accordance with this section. (5) The state chemist or the commissioner shall approve expenditures from the fund for laboratory equipment repair, replacement, or upgrade as follows: (a) the state chemist may approve using money in the fund to repair, replace, or upgrade laboratory equipment if the amount to be expended is less than $10,000; and (b) the state chemist shall obtain the approval of the commissioner for using money in the fund to repair, replace, or upgrade laboratory equipment if the amount to be expended equals or exceeds $10,000. (6) (a) Subject to the other provisions of this Subsection (6), the Division of Finance shall deposit into the fund the collections that the Division of Laboratories receives under this title that are not expended during a fiscal year. (b) The fund may not exceed $500,000 at the end of a fiscal year. (c) If the fund exceeds $500,000 at the end of the fiscal year, the Division of Finance shall deposit into the General Fund the money in excess of the amount necessary to maintain the fund balance at $500,000.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.