Utah Statutes
§ 63A-5b-905 — Notice required before division may effect a transfer of ownership or lease of division-owned property for less than fair market value.
Utah·Title 63A Utah Government Operations Code·Ch. 63A-5b Administration of State Facilities·Part 63A-5b-9 Disposal of Division-owned Property
(1)Before the division may effect a transfer of ownership or lease of vacant division-owned property for less than fair market value, the division shall give notice as provided in Subsection (2).
(2)A notice required under Subsection (1) shall:
(2)(a) identify and describe the vacant division-owned property;
(2)(b) indicate the availability of the vacant division-owned property;
(2)(c) invite persons interested in the vacant division-owned property to submit a written proposal to the division;
(2)(d) indicate the deadline for submitting a written proposal;
(2)(e) be posted on the division's website for at least 60 consecutive days before the deadline for submitting a written proposal, in a location specifically designated for notices dealing with vacant division-owned property;
(2)(f) be
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Utah § 63A-5b-905 (Notice required before division may effect a transfer of ownership or lease of division-owned property for less than fair market value.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Chapter 480, 2024 General Session
Nearby Sections
15
§ 63A-1-101
Title.§ 63A-1-102
Purposes.§ 63A-1-103
Definitions.§ 63A-1-104
Creation of department.§ 63A-1-105.5
Rulemaking authority of executive director.§ 63A-1-109
Divisions of department -- Administration.§ 63A-1-109.5
Department authority to operate the department, a division, or an office as an internal service fund agency.§ 63A-1-112
Certificates of participation -- Legislative approval required -- Definition -- Exception.§ 63A-1-113
Agency exempt from title.§ 63A-1-114
Rate committee -- Membership -- Duties.