Utah Code § 63A-5b-905

Current through the 2024 Fourth Special Session
Section 63A-5b-905 - Notice required before division may effect a transfer of ownership or lease of division-owned property for less than fair market value
(1) Before the division may effect a transfer of ownership or lease of vacant division-owned property for less than fair market value, the division shall give notice as provided in Subsection (2).
(2) A notice required under Subsection (1) shall:
(a) identify and describe the vacant division-owned property;
(b) indicate the availability of the vacant division-owned property;
(c) invite persons interested in the vacant division-owned property to submit a written proposal to the division;
(d) indicate the deadline for submitting a written proposal;
(e) be posted on the division's website for at least 60 consecutive days before the deadline for submitting a written proposal, in a location specifically designated for notices dealing with vacant division-owned property;
(f) be posted on the Utah Public Notice Website created in Section 63A-16-601 for at least 60 consecutive days before the deadline for submitting a written proposal; and
(g) be sent by email to each person who has previously submitted to the division a written request to receive notices under this section.

Utah Code § 63A-5b-905

Amended by Chapter 480, 2024 General Session ,§ 6, eff. 5/1/2024.
Amended by Chapter 421, 2022 General Session ,§ 30, eff. 5/4/2022.
Amended by Chapter 345, 2021 General Session ,§ 169, eff. 7/1/2021.
Amended by Chapter 84, 2021 General Session ,§ 123, eff. 5/5/2021.
Renumbered from § 63A-5a-202 and amended by Chapter 152, 2020 General Session ,§ 58, eff. 5/12/2020.
Added by Chapter 195, 2019 General Session ,§ 10, eff. 5/14/2019.