Utah Admin. Code 850-70-700

Current through Bulletin 2024-12, June 15, 2024

Section R850-70-700 - Forest Product Sales Contracts

1. The sales contract must include:

(a) a legal description of the affected lands;

(b) the purchase price and any pre-paid amounts;

(c) dates on which obligations must be met;

(d) requirements for financial guaranties;

(e) requirements for a harvest operations plan to be submitted and approved by the agency before commencing activities; and

(f) any other terms, covenants, or conditions to ensure the responsible harvest of forest products and compliance with the agency's rules.

2. The term of a sales contract should generally be no longer than three years, unless otherwise approved by the director.

3. The sales contract is not final until the purchaser and the director execute the contract.

Utah Admin. Code R850-70-700

Amended by Utah State Bulletin Number 2019-17, effective 8/7/2019

Adopted by Utah State Bulletin Number 2024-02, effective 1/1/2024