Title 63A. Utah Administrative Services Code Chapter 1


A-5b-910 Disposition of proceeds received by division from sale of property



Download 1.15 Mb.
Page108/206
Date25.01.2021
Size1.15 Mb.
1   ...   104   105   106   107   108   109   110   111   ...   206
63A-5b-910 Disposition of proceeds received by division from sale of property.

(1)

(a) Except as provided in Section 62A-5-206.7, the division shall pay into the state treasury the money received from the transfer of ownership or lease of 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) The proceeds from the transfer of ownership or lease of 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.


Renumbered and Amended by Chapter 152, 2020 General Session




Share with your friends:
1   ...   104   105   106   107   108   109   110   111   ...   206




The database is protected by copyright ©essaydocs.org 2020
send message

    Main page