Revolving loan funds -- Standards and procedures.

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  • (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 Water Resources Cities Water Loan Fund, created in Section 73-10-22;
    • (d) the Clean Fuel Conversion Funds, created in Title 19, Chapter 1, Part 4, Clean Fuels and Vehicle Technology Program Act;
    • (e) the Water Development Security Fund and its subaccounts, created in Section 73-10c-5;
    • (f) the Agriculture Resource Development Fund, created in Section 4-18-106;
    • (g) the Utah Rural Rehabilitation Fund, created in Section 4-19-105;
    • (h) the Permanent Community Impact Fund, created in Section 35A-8-303;
    • (i) the Petroleum Storage Tank Trust Fund, created in Section 19-6-409;
    • (j) the Uintah Basin Revitalization Fund, created in Section 35A-8-1602;
    • (k) the Navajo Revitalization Fund, created in Section 35A-8-1704; and
    • (l) 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.





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