Infrastructure funds established -- Purpose of funds -- Use of money in funds.

  1. Law
  2. Utah Code
  3. Utah Government Operations Code
  4. Division of Finance
  5. Infrastructure Revolving Loan Funds
  6. Infrastructure funds established -- Purpose of funds -- Use of money in funds.

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  • (1) There are created, as enterprise revolving loan funds:
    • (a) the inland port infrastructure revolving loan fund;
    • (b) the point of the mountain infrastructure revolving loan fund; and
    • (c) the military development infrastructure revolving loan fund.
  • (2) The purpose of each infrastructure fund is to provide funding, through infrastructure loans, for infrastructure projects undertaken by a borrower.
  • (3)
    • (a) Money in an infrastructure fund may be used only to provide loans for infrastructure projects.
    • (b) The division may not loan money in an infrastructure fund without the approval of the respective loan approval committee.




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