Current through the 2024 Fourth Special Session
Section 63N-3-802 - Distribution of fund money(1) The office shall distribute federal money in the fund according to the procedures, conditions, and restrictions placed upon the use of the money by the federal government under the Small Business Jobs Act of 2010, 12 U.S.C. Sec. 5701 et seq., as amended.(2) The office may:(a) enact rules to establish procedures for the distribution of fund money by following the procedures and requirements of Title 63G, Chapter 3, Utah Administrative Rulemaking Act; and(b) service or contract, under Title 63G, Chapter 6a, Utah Procurement Code, for the servicing of loans made by the fund.Amended by Chapter 499, 2023 General Session ,§ 13, eff. 5/3/2023.Renumbered as § 63N-3-802 by Chapter 22, 2022 General Session ,§ 2, eff. 7/1/2022.Renumbered from 9-4-1602 and amended by Chapter 212, 2012 General Session ,§ 127, eff. 7/1/2012.Amended by Chapter 347, 2012 General Session ,§ 5, eff. 5/1/2013.Enacted by Chapter 217, 2011 General Session