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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) In approving a loan, the office shall:
(a) review the loan application, plans, and specifications for the project;
(b) determine whether or not to grant the loan by applying the office's eligibility criteria; and
(c) if the loan is granted, prioritize the energy efficiency project by applying the office's priority criteria.
(2) The office may provide conditions on a loan to ensure that:
(a) the proceeds of the loan will be used to pay the cost of the project; and
(b) the project will be completed.
Cite this article: FindLaw.com - Utah Code Title 11. Cities, Counties, and Local Taxing Units § 11-45-205. Approval of loan - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-11-cities-counties-and-local-taxing-units/ut-code-sect-11-45-205/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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