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Section 103 – Vested right of landowner.

Effective 3/24/2020 11-58-103. Vested right of landowner. (1) As used in this section: (a) “Municipal inland port regulations” means a municipality’s land use ordinances and regulations relating to the use of land within the authority jurisdictional land for an inland port use. (b) “Vested development right” means a right: (i) to use or develop land […]

Section 104 – Severability.

Effective 3/24/2020 11-58-104. Severability. If a court determines that any provision of this chapter, or the application of any provision of this chapter, is invalid, the remainder of this chapter shall be given effect without the invalid provision or application. Enacted by Chapter 126, 2020 General Session

Section 105 – Nonlapsing funds.

Effective 3/24/2020 11-58-105. Nonlapsing funds. Money the authority receives from legislative appropriations is nonlapsing. Enacted by Chapter 126, 2020 General Session

Section 106 – Loan approval committee — Approval of infrastructure loans.

Effective 3/21/2022 11-58-106. Loan approval committee — Approval of infrastructure loans. (1) As used in this section: (a) “Borrower” means the same as that term is defined in Section 63A-3-401.5. (b) “Infrastructure loan” means the same as that term is defined in Section 63A-3-401.5. (c) “Infrastructure project” means the same as that term is defined […]