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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) As used in this section, “board” means the Board of Water Resources created in Section 73-10-1.5.
(2) The board shall establish:
(a) a charge for the use of water, power, or a facility based on:
(i) a contractual agreement approved by the board for a project owned by the state; and
(ii) the ability of an individual project to return the investment to the state; and
(b) an interest rate for the money the board lends to finance a project based on:
(i) market conditions;
(ii) the repayment ability of the project; and
(iii) other factors considered relevant by the board.
Cite this article: FindLaw.com - Utah Code Title 73. Water and Irrigation § 73-10-28. Charges for use--Interest - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-73-water-and-irrigation/ut-code-sect-73-10-28/
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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