Golden L. Allen v. Calvin L. Rampton

Appellant, Allen, is the duly elected, qualified, and acting treasurer of the State of Utah. The recent legislature enacted Chapter 206, Laws of Utah 1969, known as the State Money Management Act, which among other things created a division of investments in the office of the state treasurer. It further created an investment council within the division of investments to be composed of the state treasurer, the commissioner of financial institutions, and three other members appointed by the governor by and with the advice and consent of the state treasurer and of the state senate.