Utah § 73-10-25 - Contents of fund -- Investment -- Contributions -- Transfers.
Full text of Utah Utah Code § 73-10-25 — Contents of fund -- Investment -- Contributions -- Transfers., with citation guidance and answers to common questions.
§ 73-10-25. Contents of fund -- Investment -- Contributions -- Transfers.
Effective 5/7/2025 73-10-25.
Contents of fund -- Investment -- Contributions -- Transfers.
(1)
The Water Resources Conservation and Development Fund consists of:
(a)
money appropriated to it by the Legislature;
(b)
money received from the sale of project water and power, less operating and maintenance costs;
(c)
annual payments on contracts for projects constructed under Section 73-10-24 or the State Water Conservation Program;
(d)
other money or tax revenues designated by the Legislature to be credited to the Water Resources Conservation and Development Fund; and
(e)
money transferred from the Water Infrastructure Fund in accordance with Subsection 73-10g-603(1)(f).
(2)
Money deposited into the Water Resources Conservation and Development Fund shall be invested by the state treasurer with interest accruing to the Water Resources Conservation and Development Fund, except for payments, if any, necessary to comply with Section 148(f), Internal Revenue Code of 1986.
(3)
A contribution of money, property, or equipment may be received from a political subdivision of the state, federal agency, water users' association, or person for use in carrying out the purposes of Section 73-10-24.
(4)
Notwithstanding Subsection (1), the division shall transfer a payment on a loan to the Water Infrastructure Restricted Account, created in Section 73-10g-103, if the loan:
(a)
is issued from the Water Resources Conservation and Development Fund on or after July 1, 2023; and
(b)
relates to a project described in Subsection 73-10g-104(4).
(5)
The Board of Water Resources may direct the transfer of money out of the Water Resources Conservation and Development Fund to the Water Infrastructure Fund in accordance with Section 73-10g-107.
Section 73-10-25 ("Contents of fund -- Investment -- Contributions -- Transfers.") 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 § 73-10-25?
A common citation format is "Utah Code § 73-10-25" (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 § 73-10-25 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.
