Utah Statutes
§ 11-45-205 — Approval of loan.
Utah·Title 11 Cities, Counties, and Local Taxing Units·Ch. 11-45 Loan Program for Energy Efficiency Projects·Part 11-45-2 Energy Efficiency Fund
(1)In approving a loan, the office shall:
(1)(a) review the loan application, plans, and specifications for the project;
(1)(b) determine whether or not to grant the loan by applying the office's eligibility criteria; and
(1)(c) if the loan is granted, prioritize the energy efficiency project by applying the office's priority criteria.
(2)The office may provide conditions on a loan to ensure that:
(2)(a) the proceeds of the loan will be used to pay the cost of the project; and
(2)(b) the project will be completed.
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Legislative History
Amended by Chapter 37, 2012 General Session
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