{"data":{"id":"us-ut/utah-code-63n-24-605","jurisdiction":"us-ut","citation":"Utah Code § 63N-24-605","heading":"Eligibility for assistance -- Applications -- Review by board -- Terms -- Security.","body":"(1) To receive a loan or grant under this part, a county or the Tribe shall submit an application to the board that contains the information required by the board.\n(2) The board may not fund:\n(a) start-up or operational costs of private business ventures; and\n(b) general operating budgets of the counties or the Tribe, except that the Tribe may use a grant or loan to fund costs associated with the management and administration of energy or mineral development on:\n(i) lands held in trust by the United States for the Tribe and the Tribe's members; or\n(ii) lands owned by the Tribe.\n(3)\n(a) The board shall review each application for a loan or grant before approving a loan or grant application.\n(b) The board may approve a loan or grant application subject to the applicant's compliance with the conditions established by the board.\n(c) The board shall:\n(i) ensure that each loan specifies the terms for repayment; and\n(ii) secure the loans by proceeds from any general obligation, special assessment, or revenue bonds, notes, or other obligations of the appropriate subdivision.","path":["Title 63N Economic Opportunity Act","Chapter 63N-24 Division Of Housing And Community Development","Part 63N-24-6 Uintah Basin Revitalization Fund"],"source_url":"https://le.utah.gov/xcode/Title63N/Chapter24/63N-24-S605.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:34Z","sha256":"4b5ca0d1dd5b9f52e029be47ca9276d8e14bea296c3de8173b820a0610fc48f0","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-63n-24-604","next":"us-ut/utah-code-63n-24-606"},"notice":"GroundRules: Original legal text. Not legal advice."}