Approval of loan.
Utah Code § 11-45-205
in effect11-45-205. Approval of loan.
(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.
Amended by Chapter 37, 2012 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title11/Chapter45/11-45-S205.html?v=C11-45-S205_1800010118000101Fetched: 10/26/2026