Utah § 40-6-23 - Division of Oil, Gas, and Mining Restricted Account.
Full text of Utah Utah Code § 40-6-23 — Division of Oil, Gas, and Mining Restricted Account., with citation guidance and answers to common questions.
§ 40-6-23. Division of Oil, Gas, and Mining Restricted Account.
Effective 5/5/2021 40-6-23.
Division of Oil, Gas, and Mining Restricted Account.
(1)
As used in this section:
(a)
"Account" means the Division of Oil, Gas, and Mining Restricted Account created by this section.
(b)
"Division" means the Division of Oil, Gas, and Mining.
(2)
(a)
There is created a restricted account within the General Fund known as the "Division of Oil, Gas, and Mining Restricted Account."
(b)
The account consists of:
(i)
deposits to the account made under Section 51-9-306;
(ii)
appropriations of the Legislature; and
(iii)
interest and other earnings described in Subsection (2)(c).
(c)
The Office of the Treasurer shall deposit interest and other earnings derived from investment of money in the account into the account.
(3)
(a)
Upon appropriation by the Legislature, the division shall use money from the account to pay the costs of programs or projects administered by the division.
(b)
An appropriation provided for under this section is not intended to replace the following that is otherwise allocated for the programs or projects described in Subsection (3)(a):
(i)
federal money; or
(ii)
a dedicated credit.
(4)
Appropriations made in accordance with this section are nonlapsing in accordance with Section 63J-1-602.1.
Section 40-6-23 ("Division of Oil, Gas, and Mining Restricted Account.") 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 § 40-6-23?
A common citation format is "Utah Code § 40-6-23" (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 § 40-6-23 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.
