Utah Statutes
§ 11-54-102 — Definitions.
Utah·Title 11 Cities, Counties, and Local Taxing Units·Ch. 11-54 Local Government Sale of Procurement Item
As used in this chapter:
(1)"Buyback purchaser" means a person who buys a procurement item from the local government entity to which the person previously sold the procurement item.
(2)"Excess repurchase amount" means the difference between:
(2)(a) the amount a buyback purchaser pays to a local government entity to purchase a procurement item that the buyback purchaser previously sold to the local government entity; and
(2)(b) the amount the local government entity paid to the buyback purchaser to purchase the procurement item.
(3)"Local government entity" means a county, city, town, special district, special service district, community reinvestment agency, conservation district, or school district that is not subject to Title 63G, Chapter 6a, Utah Procurement Code.
(4)"Procurement ite
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Legislative History
Amended by Chapter 438, 2024 General Session
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