Utah Navajo Trust Fund Act of 2009 - Directs each Utah Navajo Chapter to conduct a binding election on the same day in accordance with this Act to select a representative to the Utah Navajo Trust Fund Commission.
Sets forth election provisions.
Establishes a Utah Navajo Trust Fund Commission within 90 days after enactment of this Act. Sets forth Commission responsibilities, including: (1) selecting an independent Trust Administrator for the Utah Navajo Trust Fund; (2) ensuring that Trust amounts are invested, managed, and administered for the health, education, and general welfare of the beneficiaries; (3) ensuring that Navajos living outside of the Navajo Nation in San Juan County, Utah, remain eligible for Fund educational assistance; (4) conducting an annual assessment to determine the eligible uses of Trust assets; and (5) establishing and maintaining a census of eligible beneficiaries.
Directs Utah: (1) within 90 days after selection of a Trust Administrator, to prepare an audit and accounting of the Trust assets in the Utah Navajo Trust Fund, as established and administered by Utah prior to passage of this Act; and (2) within 120 days after selection of a Trust Administrator, to transfer Trust assets to the Trust Administrator who shall establish the Utah Navajo Trust Fund with such assets.
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