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2018 Utah Code
Title 73 - Water and Irrigation
Chapter 10c - Water Development Coordinating Council
Section 10 - Origination fee.
Universal Citation: UT Code § 73-10c-10 (2018)
73-10c-10. Origination fee.
Amended by Chapter 104, 2011 General Session
- (1) The Drinking Water Board and the Water Quality Board may establish an origination fee for a loan to fund the administration of the programs created by this chapter by following the procedures and requirements of Section 63J-1-504.
- (2) The Drinking Water Board may establish an origination fee for a federally funded loan to fund the administration of programs allowed by 42 U.S.C. Sec. 300j-12, and regulations created thereunder, by following the procedures and requirements of Section 63J-1-504.
- (3) An origination fee established in accordance with this section shall be part of the department fee schedule established under Section 19-1-201.
- (4) Notwithstanding the requirements of Section 63J-1-504, the board shall deposit a fee paid in accordance with this section in the origination fee subaccount created in Section 73-10c-5 and use the fee to administer this chapter.
- (5) The loan recipient may pay the origination fee from the loan proceeds.
Amended by Chapter 104, 2011 General Session
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