{"data":{"id":"us-ut/utah-code-4-19-103","jurisdiction":"us-ut","citation":"Utah Code § 4-19-103","heading":"Department authorized to approve and make grants and loans, acquire property, and lease or operate property.","body":"The department, in conjunction with the administration of the rural rehabilitation program, may:\n(1) approve and make a loan to a farm or agricultural cooperative association regulated under Title 3, Uniform Agricultural Cooperative Association Act, subject to Section 4-19-104, including:\n(a) taking security for the loan through a mortgage, trust deed, pledge, or other security device;\n(b) purchasing a promissory note, real estate contract, mortgage, trust deed, or other instrument or evidence of indebtedness; and\n(c) collecting, compromising, canceling, or adjusting a claim or obligation arising out of the administration of the rural rehabilitation program;\n(2) purchase or otherwise obtain property in which the department has acquired an interest on account of a mortgage, trust deed, lien, pledge, assignment, judgment, or other means at any execution or foreclosure sale;\n(3) operate or lease, if necessary to protect its investment, property in which it has an interest, or sell or otherwise dispose of the property; and\n(4) approve and make an education loan or an education grant to an individual for the purpose of attending a vocational school, college, or university to obtain additional education, qualifications, or skills.","path":["Title 4 Utah Agricultural Code","Chapter 4-19 Rural Rehabilitation"],"source_url":"https://le.utah.gov/xcode/Title4/Chapter19/4-19-S103.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"c82ad07dc87f489beb7e72383dc17a44c1273dc32250893ed2aef30b93f6e285","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-4-19-102","next":"us-ut/utah-code-4-19-104"},"notice":"GroundRules: Original legal text. Not legal advice."}