penalties imposed for violations of this chapter; and
(c)
interest or other earnings for the fund.
(3)
The state treasurer shall invest the money in the fund according to Title 51, Chapter 7, State Money Management Act, except that interest or other earnings derived from those investments shall be deposited into the fund.
(4)
The division shall only use the money in the fund to:
(a)
defray the division's regulatory expenses incurred during the regulation of a storage facility:
(i)
construction;
(ii)
operation; and
(iii)
pre-closure activities;
(b)
make determinations in accordance with Section 40-11-20;
(c)
reimburse a regulatory agency with whom the board has entered into a cooperative agreement described in Section 40-11-18 for expenses the cooperating agency incurs in conducting the activities described in Subsections (4)(a) and (b);
(d)
permit, inspect, monitor, investigate, record, and report on geologic storage facilities and associated carbon dioxide injection wells;
(e)
perform long-term monitoring of geologic storage facilities and associated carbon dioxide injection wells;
(f)
remediate mechanical problems associated with geologic storage facilities and associated carbon dioxide injection wells;
(g)
repair mechanical leaks at geologic storage facilities;
(h)
plug abandoned carbon dioxide injection wells used for geologic storage;
(i)
training and technology transfer related to carbon dioxide injection and geologic storage;
(j)
perform compliance and enforcement activities related to geologic storage and associated man-made carbon dioxide injection wells; and
(k)
oversee the management of the geologic storage facilities and associated carbon dioxide injection wells after site closure.
Section 40-11-23 ("Carbon Dioxide Storage Fund.") 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 § 40-11-23?
A common citation format is "Utah Code § 40-11-23" (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 § 40-11-23 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.
