Utah Statutes
§ 53G-4-903 — Resale of surplus property.
Utah·Title 53G Public Education System -- Local Administration·Ch. 53G-4 School Districts·Part 53G-4-9 Surplus School District Land
(1)If an eligible entity that has acquired surplus property under Section 53G-4-902 afterwards declares that property to be surplus, the school district from which the eligible entity acquired the property may purchase, and the eligible entity shall sell, the property as provided in Section 53G-4-902, except that the price at which the school district shall be entitled to reacquire the property shall be the price that the eligible entity paid for the property, plus the cost of any existing improvements that the eligible entity made to the property after it purchased the property.
(2)If the school district does not reacquire the surplus property under Subsection (1) and the eligible entity sells the surplus property to another buyer, the eligible entity and the school district shall equal
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Legislative History
Renumbered and Amended by Chapter 3, 2018 General Session
Nearby Sections
15
§ 53G-1-101
Title.§ 53G-1-102
Public education code definitions.§ 53G-1-103
Definitions.§ 53G-10-101
Title.§ 53G-10-102
Definitions.§ 53G-10-103
Sensitive instructional materials.§ 53G-10-201
Definitions.§ 53G-10-203
Expressions of belief -- Discretionary time.§ 53G-10-204
Civic and character education -- Definitions -- Legislative finding -- Elements -- Reporting requirements.§ 53G-10-205
Waivers of participation.§ 53G-10-206
Educational freedom.§ 53G-10-207
Personal privacy for employee.§ 53G-10-301
Definitions.