Utah Statutes
§ 35A-8-502 — Creation and administration.
Utah·Title 35A Utah Workforce Services Code·Ch. 35A-8 Housing and Community Development Division·Part 35A-8-5 Olene Walker Housing Loan Fund
(1)(1)(a) There is created an enterprise fund known as the Olene Walker Housing Loan Fund, administered by the executive director or the executive director's designee.
(1)(b) The department is the administrator of the fund.
(2)There shall be deposited into the fund:
(2)(a) grants, paybacks, bonuses, entitlements, and other money received by the department from the federal government to preserve, rehabilitate, build, restore, or renew housing or for other activities authorized by the fund;
(2)(b) transfers, grants, gifts, bequests, and money made available from any source to implement this part; and
(2)(c) money appropriated to the fund by the Legislature.
(3)The money in the fund shall be invested by the state treasurer according to the procedures and requirements of Title 51, Chapter
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Legislative History
Renumbered and Amended by Chapter 212, 2012 General Session
Nearby Sections
15
§ 35A-1-101
Title.§ 35A-1-102
Definitions.§ 35A-1-104
Department authority.§ 35A-1-104.1
Background checks for employees.§ 35A-1-105
Department budget -- Reports from divisions.§ 35A-1-106
Fees.§ 35A-1-109
Annual report -- Content -- Format.§ 35A-1-111
Certification for adoption tax credit.