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Utah Code
2025 Utah Code
Title 72 - Transportation Code
Chapter 2 - Transportation Finances Act
Part 3 - County of the First Class Infrastructure Bank Fund
Section 306 - Distribution of funds after repayment.
Universal Citation:
UT Code § 72-2-306 (2025)
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Effective 5/7/2025
72-2-306. Distribution of funds after repayment.
Amended by Chapter 502, 2025 General Session
72-2-306. Distribution of funds after repayment.
- (1)Any money deposited into the fund from repayment of a loan or interest issued under this part shall be distributed as described in this section.
- (2)As the department receives repayment of a loan and interest issued under this part, the department shall distribute:
- (a)95% of the money to Sandy, for a bridge connecting a commuter rail station on the west side of I-15 with property owned by Sandy City at approximately 10240 South Monroe Street on the east side of I-15; and
- (b)5% to the department for improvements to 12600 South in Riverton to facilitate a jurisdictional transfer of the road from Riverton to the state.
Amended by Chapter 502, 2025 General Session
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