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10-9a-509.7. Transferable development rights.

  • (1) A municipality may adopt an ordinance:
    • (a) designating sending zones and receiving zones within the municipality; and
    • (b) allowing the transfer of a transferable development right from a sending zone to a receiving zone.
  • (2) A municipality may not allow the use of a transferable development right unless the municipality adopts an ordinance described in Subsection (1).

Amended by Chapter 231, 2012 General Session