11-13-216. Term of agreements.
75 words·~1 min read·
/ut/title-11/chapter-13/11-13-216A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 5/13/2014
11-13-216. Term of agreements.
(1)Except as provided in Subsections
(2)and 11-13-204(3) , each agreement under this chapter shall extend for a term not to exceed 50 years.
(2)Subsection
(1)does not apply to an agreement to which:
(a)a project entity is a party;
(b)an electric interlocal entity is a party; or
(c)an energy services interlocal entity is a party.
Amended by Chapter 8 , 2014 General Session