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2014 Utah Code
Title 73 - Water and Irrigation
Chapter 10 - Board of Water Resources - Division of Water Resources
Section 28 - Charges for use -- Interest.

UT Code § 73-10-28 (2014) What's This?
73-10-28. Charges for use -- Interest.
(1) As used in this section, "board" means the Board of Water Resources created in Section 73-10-1.5.
(2) The board shall establish:
(a) a charge for the use of water, power, or a facility based on:
(i) a contractual agreement approved by the board for a project owned by the state; and
(ii) the ability of an individual project to return the investment to the state; and
(b) an interest rate for the money the board lends to finance a project based on:
(i) market conditions;
(ii) the repayment ability of the project; and
(iii) other factors considered relevant by the board.


Amended by Chapter 267, 2008 General Session

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