Section 206 – Amending application.
Affected by 63I-1-273 on 12/31/2030 Effective 5/12/2020 73-31-206. Amending application. (1) After the board approves a statutory water bank’s application under this part, the statutory water bank may seek to amend the statutory water bank’s application by filing a description of the proposed amendment with the board. The board shall follow the procedures of Sections […]
Section 301 – Approval of contract water bank.
Affected by 63I-1-273 on 12/31/2030 Effective 5/12/2020 73-31-301. Approval of contract water bank. (1) The board shall approve an application to create a contract water bank that satisfies this part. (2) As a condition of approval, a contract water bank is subject to this chapter. Enacted by Chapter 342, 2020 General Session
Section 302 – Contract water bank application.
Affected by 63I-1-273 on 12/31/2030 Effective 5/12/2020 73-31-302. Contract water bank application. (1) A public entity may seek to have a contract for water use approved as a contract water bank under this chapter by submitting an application to the board that meets the following criteria: (a) the name of the contract water bank; (b) […]
Section 303 – Action by board on contract water bank application.
Affected by 63I-1-273 on 12/31/2030 Effective 5/12/2020 73-31-303. Action by board on contract water bank application. (1) Upon receipt of an application for a proposed contract water bank, the board shall record the day on which the board receives the application. (2) The board shall: (a) examine the application to determine whether changes are required […]
Section 304 – Review of contract water bank application.
Affected by 63I-1-273 on 12/31/2030 Effective 5/12/2020 73-31-304. Review of contract water bank application. (1) After complying with Section 73-31-303, the board shall approve an application for a contract water bank if the application satisfies Section 73-31-302, which is to be liberally interpreted by the board to facilitate the objectives described in Section 73-31-104. (2) […]
Section 201 – Approval of statutory water bank.
Affected by 63I-1-273 on 12/31/2030 Effective 5/12/2020 73-31-201. Approval of statutory water bank. (1) The board shall approve an application to create a statutory water bank that satisfies this part. (2) As a condition of approval, a statutory water bank is subject to this chapter. Enacted by Chapter 342, 2020 General Session
Section 202 – Statutory water bank application.
Affected by 63I-1-273 on 12/31/2030 Effective 7/1/2020 73-31-202. Statutory water bank application. (1) A record holder, other than the United States or an agency of the United States, of a perfected water right or a valid diligence claim may request approval for a proposed statutory water bank if the place of use and point of […]
Section 103 – Notice — Website.
Affected by 63I-1-273 on 12/31/2030 Effective 5/12/2020 73-31-103. Notice — Website. (1) A notice required under this chapter shall be posted in accordance with Subsection 73-3-6(1) and to a water bank’s website, unless otherwise specified. (2) The board may create and oversee a website for the purpose of making water banking information available to the […]
Section 104 – Objectives of water banks.
Affected by 63I-1-273 on 12/31/2030 Effective 5/12/2020 73-31-104. Objectives of water banks. The objectives in creating a water bank are to: (1) promote: (a) the optimal use of the public’s water; (b) transparency and access to water markets; (c) temporary, flexible, and low cost water transactions between water users; and (d) Utah’s agricultural economy by […]
Section 105 – Scope.
Affected by 63I-1-273 on 12/31/2030 Effective 5/12/2020 73-31-105. Scope. Nothing in this chapter prevents a person from entering into an agreement regarding the use of a water right that differs from the requirements of this chapter, except that only a water bank approved under this chapter may avail itself of the statutory provisions that apply […]