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Utah Code § 63A-3-205

Revolving loan funds -- Standards and procedures

Amended by Chapter 105, 2025 General Session; End date 7/1/2026

(1) As used in this section, "revolving loan fund" means:

(a) the Water Resources Conservation and Development Fund, created in Section 73-10-24;

(b) the Water Resources Construction Fund, created in Section 73-10-8;

(c) the Clean Fuel Conversion Funds, created in Title 19, Chapter 1, Part 4, Clean Fuels and Emission Reduction Technology Program Act;

(d) the Water Development Security Fund and its subaccounts, created in Section 73-10c-5;

(e) the Agriculture Resource Development Fund, created in Section 4-18-106;

(f) the Utah Rural Rehabilitation Fund, created in Section 4-19-105;

(g) the Permanent Community Impact Fund, created in Section 35A-8-303;

(h) the Petroleum Storage Tank Fund, created in Section 19-6-409;

(i) the Uintah Basin Revitalization Fund, created in Section 35A-8-1602;

(j) the Navajo Revitalization Fund, created in Section 35A-8-1704; and

(k) the Energy Efficiency Fund, created in Section 11-45-201.

(2) The division shall for each revolving loan fund make rules establishing standards and procedures governing:

(a) payment schedules and due dates;

(b) interest rate effective dates;

(c) loan documentation requirements; and

(d) interest rate calculation requirements.

Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.