2006 Utah Code - 41-12a-806 — Restricted Account -- Creation -- Funding -- Interest -- Purposes.

     41-12a-806.   Restricted Account -- Creation -- Funding -- Interest -- Purposes.
     (1) There is created within the Transportation Fund a restricted account known as the "Uninsured Motorist Identification Restricted Account."
     (2) The account consists of monies generated from the following revenue sources:
     (a) monies received by the state under Section 41-1a-1218, the uninsured motorist identification fee;
     (b) monies received by the state under Section 41-1a-1220; and
     (c) appropriations made to the account by the Legislature.
     (3) (a) The account shall earn interest.
     (b) All interest earned on account monies shall be deposited into the account.
     (4) Monies shall be appropriated from the account by the Legislature to:
     (a) the department to fund the contract with the designated agent;
     (b) the department to offset the costs to state and local law enforcement agencies of using the information for the purposes authorized under this part; and
     (c) the Tax Commission to offset the costs to the Motor Vehicle Division for revoking and reinstating vehicle registrations under Subsection 41-1a-110(2)(b).

Amended by Chapter 345, 2000 General Session