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Distribution of funds after repayment.

Utah Code § 72-2-306
in effect
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72-2-306. Distribution of funds after repayment. (1) Any money deposited into the fund from repayment of a loan or interest issued under this part shall be distributed as described in this section. (2) As the department receives repayment of a loan and interest issued under this part, the department shall distribute: (a) 95% of the money to Sandy, for a bridge connecting a commuter rail station on the west side of I-15 with property owned by Sandy City at approximately 10240 South Monroe Street on the east side of I-15; and (b) 5% to the department for improvements to 12600 South in Riverton to facilitate a jurisdictional transfer of the road from Riverton to the state. Amended by Chapter 502, 2025 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title72/Chapter2/72-2-S306.html?v=C72-2-S306_2025050720250507Fetched: 10/26/2026

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