Utah § 11-45-205 Approval of loan.

Utah Statutes

§ 11-45-205 — Approval of loan.

Utah § 11-45-205

Title 11Cities, Counties, and Local Taxing Units

Ch. 11-45Loan Program for Energy Efficiency Projects

Part 11-45-2Energy Efficiency Fund

This text of Utah § 11-45-205 (Approval of loan.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 11-45-205 (2026).

Text

(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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(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.