Private-public partnerships for a major sporting event venue.
Utah Code § 11-71-301
in effect11-71-301. Private-public partnerships for a major sporting event venue.
(1) A person that seeks to enter into a private-public partnership with a creating entity shall provide the creating entity with an application that:
(a) demonstrates the applicant is qualified to operate, in whole or in part, a major sporting event venue; and
(b) provides any additional information required by the creating entity.
(2) A creating entity may enter into a private-public partnership:
(a) if, after reviewing the application described in Subsection (1), the creating entity determines a private-public partnership will promote the objectives of the major sporting event venue zone; and
(b) through an agreement described in this section.
(3) An agreement to create a private-public partnership between a person and a creating entity:
(a) may establish or recognize an ownership interest in the major sporting event venue for the person, in consideration of the person's financial investment in the major sporting event venue;
(b) may establish an ownership interest in the major sporting event venue for the creating entity, in consideration of the creating entity's financial investment in the major sporting event venue zone; and
(c) may create a lease interest for the person in the major sporting event venue.
Enacted by Chapter 495, 2025 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title11/Chapter71/11-71-S301.html?v=C11-71-S301_2026010120250507Fetched: 10/26/2026