R628-24-8
R628-24-8. Reporting by Higher Education Institutions of Foreign Deposits
Cite as Utah Admin. Code R628-24-8
The higher education institution shall file a written report with the Council on or before July 31 and January 31 of each year containing the following information for deposits held on June 30 and December 31 respectively:
(1) Total market value of the deposit account which will include previous historical ending balances up to 3 years;
(2) Total market value of uninsured deposits in the deposit account, which will include previous historical ending balances up to 3 years;
(3) Debt rating of the FDI; and
(4) Debt rating of the country in which the FDI is located.