Utah Code Ann. § 57-8-60
Administration of funds.
Effective May 8, 2018Enacted by Chapter 395, 2018 General Session
An association of unit owners:
- (1) shall keep all of the association of unit owners' funds in an account in the name of the association of unit owners; and
- (2) may not commingle the association of unit owners' funds with the funds of any other person.
Enacted by Chapter 395, 2018 General Session