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
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