Utah § 72-2-306 - Distribution of funds after repayment.

Full text of Utah Utah Code § 72-2-306 — Distribution of funds after repayment., with citation guidance and answers to common questions.

§ 72-2-306. Distribution of funds after repayment.

Effective 5/7/2025
72-2-306.  Distribution of funds after repayment.
(1)Any money deposited into the fund from repayment of a loan or interest issued under this part shall be distributed as described in this section.
(2)As the department receives repayment of a loan and interest issued under this part, the department shall distribute:
(a)95% of the money to Sandy, for a bridge connecting a commuter rail station on the west side of I-15 with property owned by Sandy City at approximately 10240 South Monroe Street on the east side of I-15; and
(b)5% to the department for improvements to 12600 South in Riverton to facilitate a jurisdictional transfer of the road from Riverton to the state.


Amended by Chapter 502, 2025 General Session

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

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Frequently Asked Questions About Utah § 72-2-306

What does Utah Code § 72-2-306 cover?

Section 72-2-306 ("Distribution of funds after repayment.") 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 § 72-2-306?

A common citation format is "Utah Code § 72-2-306" (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 § 72-2-306 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.