Utah § 4-18-106 - Agriculture Resource Development Fund -- Contents -- Use of fund money -- Advisory board.
Full text of Utah Utah Code § 4-18-106 — Agriculture Resource Development Fund -- Contents -- Use of fund money -- Advisory board., with citation guidance and answers to common questions.
§ 4-18-106. Agriculture Resource Development Fund -- Contents -- Use of fund money -- Advisory board.
Effective 5/6/2026 4-18-106.
Agriculture Resource Development Fund -- Contents -- Use of fund money -- Advisory board.
(1)
As used in this section:
(a)
"Disaster" means an extraordinary circumstance, including a flood, drought, or fire, that results in:
(i)
the president of the United States declaring an emergency or major disaster in the state;
money made available to the state for agriculture resource development or for a temporary water shortage emergency, as defined in Section 73-3d-101, from any source; and
(e)
interest earned on the fund.
(4)
The commission may make loans from the fund for:
(a)
a rangeland improvement and management project;
(b)
a watershed protection or flood prevention project;
(c)
a soil and water conservation project;
(d)
a program designed to promote energy efficient farming practices;
(e)
an improvement program for agriculture product storage or program designed to protect a crop or animal resource;
(f)
a hydroponic or aquaponic system, including a hydroponic fodder production system;
(g)
a project or program to improve water quality;
(h)
a project to address other environmental issues;
(i)
subject to Subsection (5), a disaster relief program designed to aid the sustainability of agriculture during and immediately following a disaster; or
Except as provided in Subsection (5)(b), the department shall limit loans for disaster relief programs under Subsection (4)(i) to no more than 10% of the total amount of:
(i)
the balance of money in the fund; and
(ii)
the outstanding loans issued from the fund.
(b)
Notwithstanding Subsection (5)(a), the department may use the money appropriated to the fund by the Legislature or another source, without limitation, if the money is appropriated specifically for use in a disaster relief program.
(6)
The commission may not have at one time an aggregate amount of loans made under Subsection (4)(j) that exceeds $5,000,000.
(7)
The commission may appoint an advisory board to:
(a)
oversee the award process for loans, as described in this section;
(b)
approve loans; and
(c)
recommend policies and procedures for the fund that are consistent with statute.
(8)
The department shall obtain an approved annual budget from the commission to use money from the fund to pay for the costs of administering the fund and loans made from the fund.
Section 4-18-106 ("Agriculture Resource Development Fund -- Contents -- Use of fund money -- Advisory board.") 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 § 4-18-106?
A common citation format is "Utah Code § 4-18-106" (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 § 4-18-106 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.
