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Utah Code Title 63A. Utah Government Operations Code § 63A-5b-910. Disposition of proceeds received by division from sale of vacant division-owned property

Current as of January 01, 2025 | Updated by Findlaw Staff

(1)(a) Except as provided in Section 26B-1-331, the division shall pay into the state treasury the money received from the transfer of ownership or lease of vacant division-owned property.

(b) Money paid into the state treasury under Subsection (1)(a):

(i) becomes a part of the funds provided by law for carrying out the building program of the state; and

(ii) is appropriated for the purpose described in Subsection (1)(b)(i).

(2) Except as described in Subsection 63A-5b-407(7), the proceeds from the transfer of ownership or lease of vacant division-owned property belonging to or used by a particular state agency shall, to the extent practicable, be expended for the construction of buildings or in the performance of other work for the benefit of that state agency.

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Cite this article: FindLaw.com - Utah Code Title 63A. Utah Government Operations Code § 63A-5b-910. Disposition of proceeds received by division from sale of vacant division-owned property - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-63a-utah-government-operations-code/ut-code-sect-63a-5b-910/

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