The FLDS Church waited more than three years to challenge the dealings of the United Effort Plan Trust.
The trust was established in 1942 and fashioned after the United Order, a 19th-century religious concept under which church members donate all their assets to a communal organization.
Utah took over financial oversight of the trust in 2005 amid allegations of mismanagement by the group's leader, Warren Jeffs.
When the sale of Berry Knoll Farm, a 438-acre stretch of land set aside as a building site for a temple, was proposed in 2008, the FLDS filed a lawsuit to block the sale. Third District Judge Denise Lindberg authorized the sale of that land in August 2009, a decision that the church asked the Supreme Court to reverse.