Utah Code Ann. § 63A-5b-905 – Notice required before division may effect a transfer of ownership or lease of division-owned property for less than fair market value.

(1) Before the division may effect a transfer of ownership or lease of vacant division-owned property for less than fair market value, the division shall give notice as provided in Subsection (2).
(2) A notice required under Subsection (1) shall:
1. (a) identify and describe the vacant division-owned property;
2. (b) indicate the availability of the vacant division-owned property;
3. (c) invite persons interested in the vacant division-owned property to submit a written proposal to the division;
4. (d) indicate the deadline for submitting a written proposal;
5. (e) be posted on the division's website for at least 60 consecutive days before the deadline for submitting a written proposal, in a location specifically designated for notices dealing with vacant division-owned property;
6. (f) be posted on the Utah Public Notice Website created in Section 63A-16-601 for at least 60 consecutive days before the deadline for submitting a written proposal; and
7. (g) be sent by email to each person who has previously submitted to the division a written request to receive notices under this section.

Amended by Chapter 480, 2024 General Session