Utah § 73-28-404 - Repayments returned to Water Resources Conservation and Development Fund -- Establishment of an enterprise fund.
Full text of Utah Utah Code § 73-28-404 — Repayments returned to Water Resources Conservation and Development Fund -- Establishment of an enterprise fund., with citation guidance and answers to common questions.
§ 73-28-404. Repayments returned to Water Resources Conservation and Development Fund -- Establishment of an enterprise fund.
73-28-404.
Repayments returned to Water Resources Conservation and Development Fund -- Establishment of an enterprise fund.
(1)
The board shall deposit, in accordance with Section 51-4-1, into the Water Resources Conservation and Development Fund:
(a)
repayments of preconstruction and construction costs; and
(b)
the interest charged.
(2)
(a)
There is created an enterprise fund, as defined in Subsection 51-5-4(8), entitled the "Lake Powell Pipeline Project Operation and Maintenance Fund."
(b)
The fund consists of:
(i)
revenues received from the sale of developed water that is designated for project operation, maintenance, repair, and replacement costs;
(ii)
revenues received from the sale of electricity that are deposited in the fund in accordance with Subsection 73-28-203(3); and
(iii)
all interest earned by the fund.
(3)
Notwithstanding Section 63J-1-211, the Legislature may not appropriate any money from the Lake Powell Pipeline Project Operation and Maintenance Fund.
Section 73-28-404 ("Repayments returned to Water Resources Conservation and Development Fund -- Establishment of an enterprise 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 § 73-28-404?
A common citation format is "Utah Code § 73-28-404" (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 § 73-28-404 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.