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Utah Code Ann. § 4-18-106 – Agriculture Resource Development Fund -- Contents -- Use of fund money. | Midpage
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Utah Code
Title 4
Chapter 18
Part 1
§ 4-18-106
Utah Code Ann. § 4-18-106
Agriculture Resource Development Fund -- Contents -- Use of fund money.
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(1) There is created a revolving loan fund known as the Agriculture Resource Development Fund.
(2) The Agriculture Resource Development Fund shall consist of:
(a) money appropriated to it by the Legislature;
(b) sales and use tax receipts transferred to the fund in accordance with Section
59-12-103
;
(c) money received for the repayment of loans made from the fund;
(d) money made available to the state for agriculture resource development from any source; and
(e) interest earned on the fund.
(3) The commission shall make loans from the Agriculture Resource Development Fund as provided by Section
4-18-105
.