{"data":{"id":"us-ut/utah-code-63n-3-107","jurisdiction":"us-ut","citation":"Utah Code § 63N-3-107","heading":"Agreements.","body":"The administrator shall enter into agreements with each successful applicant that have specific terms and conditions for each loan, grant, or financial assistance under this part, including:\n(1) for a loan:\n(a) repayment schedules;\n(b) interest rates;\n(c) specific economic activity required to qualify for the loan or for repayment credits;\n(d) collateral or security, if any; and\n(e) other terms and conditions considered appropriate by the administrator; and\n(2) for a grant or other financial assistance:\n(a) requirements for compliance monitoring;\n(b) repayment for nonperformance or departure from the state;\n(c) collateral or security, if any; and\n(d) other terms and conditions considered appropriate by the administrator.","path":["Title 63N Economic Opportunity Act","Chapter 63N-3 Economic Development Programs","Part 63N-3-1 Industrial Assistance Account"],"source_url":"https://le.utah.gov/xcode/Title63N/Chapter3/63N-3-S107.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:34Z","sha256":"fbef4bb73818bbdf97627dafb81ada56cc413f1c44e57905b288ab88586e6daf","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-63n-3-106","next":"us-ut/utah-code-63n-3-111"},"notice":"GroundRules: Original legal text. Not legal advice."}