Utah Statutes
§ 72-2-301 — Definitions.
Utah·Title 72 Transportation Code·Ch. 72-2 Transportation Finances Act·Part 72-2-3 County of the First Class Infrastructure Bank Fund
As used in this part:
(1)"Fund" means the County of the First Class Infrastructure Bank Fund created under Section 72-2-402.
(2)"Infrastructure assistance" means any use of fund money, except an infrastructure loan, to provide financial assistance for transportation projects or publicly owned infrastructure projects, including:
(2)(a) capital reserves and other security for bond or debt instrument financing; or
(2)(b) any letters of credit, lines of credit, bond insurance, or loan guarantees obtained by a public entity to finance transportation projects.
(3)"Infrastructure loan" means a loan of fund money to finance a transportation project or publicly owned infrastructure project.
(4)"Public entity" means a county of the first class or any of the following located within a county of t
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Legislative History
Enacted by Chapter 501, 2024 General Session
Nearby Sections
15
§ 72-1-101
Title.§ 72-1-102
Definitions.§ 72-1-201
Creation of Department of Transportation -- Functions, powers, duties, rights, and responsibilities.§ 72-1-203
Deputy director -- Appointment -- Qualifications -- Other assistants and advisers -- Salaries.§ 72-1-204
Divisions enumerated -- Duties.§ 72-1-212
Special use permitting -- Rulemaking.