Renumbered 7/1/2026
167 words·~1 min read·
/ut/title-35a/chapter-8/7-14A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 5/7/2025
Renumbered 7/1/2026
35A-8-1704. Navajo Revitalization Fund.
(a)There is created an expendable special revenue fund called the "Navajo Revitalization Fund."
(b)The revitalization fund shall consist of:
(i)money deposited to the revitalization fund under this part;
(ii)money deposited to the revitalization fund under Section 59-5-119 ; and
(iii)any loan repayment or interest on a loan issued under this part.
(a)The revitalization fund shall earn interest.
(b)The interest earned on revitalization fund money shall be deposited into the fund.
(3)Beginning for fiscal year 2010-11, the division may use revitalization fund money for the administration of the revitalization fund, but this amount may not exceed 4% of the annual receipts to the revitalization fund.
(4)The fund:
(a)consists of state severance tax money to be spent at the discretion of the state; and
(b)does not constitute a trust fund.
Renumbered and Amended by Chapter 393 , 2026 General Session
Amended by Chapter 261 , 2025 General Session