Utah Statutes
§ 73-11-2 — Reserve stock for irrigating trust lands -- Sell or lease excess stock.
Utah·Title 73 Water and Irrigation·Ch. 73-11 Consolidation of Water Companies and Conservation Districts
The School and Institutional Trust Lands Administration shall have power, and it shall be its duty:
(1)in the event the merger and consolidation is effected, to reserve and hold an amount of the capital stock of the consolidated corporation as will supply a water right for all lands owned by the state and capable of irrigation from the canals, ditches, or distribution system of the consolidated corporation; and
(2)to sell or lease all excess stock upon such terms as it may consider best to persons owning land capable of being irrigated from the canals, ditches, or distributing system of the consolidated corporation.
Free access — add to your briefcase to read the full text and ask questions with AI
Utah § 73-11-2 (Reserve stock for irrigating trust lands -- Sell or lease excess stock.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Chapter 299, 1995 General Session
Nearby Sections
15
§ 73-1-12
Failure to record -- Effect.§ 73-1-14
Acts against water facilities or interfering with apportioning official -- Penalty and liability.§ 73-1-16
Petition for hearing to determine validity -- Notice -- Service -- Pleading -- Costs -- Review.§ 73-1-18
Bonds issued -- Interest -- Lien.§ 73-1-21
State water policy.