Utah § 19-6-816.5 - Fund balance maintenance.

Full text of Utah Utah Code § 19-6-816.5 — Fund balance maintenance., with citation guidance and answers to common questions.

§ 19-6-816.5. Fund balance maintenance.

Effective 5/3/2023
19-6-816.5.  Fund balance maintenance.
(1) As used in this section:
(a) "Qualified recycler" means a recycler who is qualified to receive a partial reimbursement under Section 19-6-809 during a fiscal year for which there are surplus funds.
(b) "Surplus funds" means, at the end of a fiscal year, money in the fund in excess of $2,000,000 after all partial reimbursements and payments to local health departments as provided in this part have been paid.
(2) At the end of a fiscal year, the Division of Finance shall use surplus funds to make payments to qualified recyclers equal to $10 for each ton of waste tires, material derived from waste tires, or chipped tires, for which the recycler received a partial reimbursement under Subsection 19-6-809(2).
(3) If the surplus funds are insufficient to make the payments described in Subsection (2), the Division of Finance shall prorate the amount per ton that is paid to each qualified recycler.
(4) The Division of Finance may not make a payment under this section that would cause the balance of the fund to be less than $2,000,000.


Amended by Chapter 388, 2023 General Session

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Frequently Asked Questions About Utah § 19-6-816.5

What does Utah Code § 19-6-816.5 cover?

Section 19-6-816.5 ("Fund balance maintenance.") 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 § 19-6-816.5?

A common citation format is "Utah Code § 19-6-816.5" (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 § 19-6-816.5 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.