Utah § 4-19-103 - Department authorized to approve and make grants and loans, acquire property, and lease or operate property.

Full text of Utah Utah Code § 4-19-103 — Department authorized to approve and make grants and loans, acquire property, and lease or operate property., with citation guidance and answers to common questions.

§ 4-19-103. Department authorized to approve and make grants and loans, acquire property, and lease or operate property.

Effective 7/1/2017
4-19-103.  Department authorized to approve and make grants and loans, acquire property, and lease or operate property.
     The department, in conjunction with the administration of the rural rehabilitation program, may:
(1) approve and make a loan to a farm or agricultural cooperative association regulated under Title 3, Uniform Agricultural Cooperative Association Act, subject to Section 4-19-104, including:
(a) taking security for the loan through a mortgage, trust deed, pledge, or other security device;
(b) purchasing a promissory note, real estate contract, mortgage, trust deed, or other instrument or evidence of indebtedness; and
(c) collecting, compromising, canceling, or adjusting a claim or obligation arising out of the administration of the rural rehabilitation program;
(2) purchase or otherwise obtain property in which the department has acquired an interest on account of a mortgage, trust deed, lien, pledge, assignment, judgment, or other means at any execution or foreclosure sale;
(3) operate or lease, if necessary to protect its investment, property in which it has an interest, or sell or otherwise dispose of the property; and
(4) approve and make an education loan or an education grant to an individual for the purpose of attending a vocational school, college, or university to obtain additional education, qualifications, or skills.


Renumbered and Amended by Chapter 345, 2017 General Session

Source: official Utah text · Last verified 2026-08-27

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Frequently Asked Questions About Utah § 4-19-103

What does Utah Code § 4-19-103 cover?

Section 4-19-103 ("Department authorized to approve and make grants and loans, acquire property, and lease or operate property.") is part of the Utah Code, the codified statutory law of Utah. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Utah § 4-19-103?

A common citation format is "Utah Code § 4-19-103" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Utah law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.

How does Utah § 4-19-103 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Utah.