Utah Code Title 63H. Independent State Entities § 63H-1-104. Loan approval committee--Approval of infrastructure loans

(a) “Borrower” means the same as that term is defined in Section 63A-3-401.5.

(b) “Infrastructure loan” means the same as that term is defined in Section 63A-3-401.5.

(c) “Infrastructure project” means the same as that term is defined in Section 63A-3-401.5.

(d) “Military development fund” means the same as that term is defined in Section 63A-3-401.5.

(e) “Loan approval committee” means a committee consisting of:

(7)(a) A meeting of the loan approval committee does not constitute a meeting of the board, even if a quorum of the board is present at a loan approval committee meeting.

(b) A quorum of board members present at a meeting of the loan approval committee may not conduct board business at the loan approval committee meeting.

(8)(a) Salaries and expenses of committee members who are legislators shall be paid in accordance with Section 36-2-2 and Legislative Joint Rules, Title 5, Chapter 3, Legislator Compensation.

(b) A committee member who is not a legislator may not receive compensation or benefits for the member's service on the committee, but may receive per diem and reimbursement for travel expenses incurred as a committee member at the rates established by the Division of Finance under: