A deposit account registry service shall provide the public entity with proof of errors and omissions coverage equal to 5% of Utah public funds under management but not less than $1,000,000 nor more than $10,000,000 per occurrence.

KEY: public funds, qualified depository, reciprocal deposits

Date of Last Change: June 21, 2024

Authorizing, and Implemented or Interpreted Law: 51-7-17(4)(b); 51-7-18(2)(b)