63A-5b-902. Application of part.
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Effective 5/1/2024
63A-5b-902. Application of part.
(1)Except as stated in Subsection (1)(d), the provisions of this part, other than this section, do not apply to:
(a)the division's disposal or lease of division-owned property that would otherwise be subject to this part, if the division-owned property has a value under $500,000, as estimated by the division;
(b)a conveyance, lease, or disposal of division-owned property in connection with:
(i)the establishment of a state store, as defined in Section 32B-1-102 ; or
(ii)the construction of student housing;
(c)a conveyance, lease, or disposal of any part of the point of the mountain state land, as defined in Section 11-59-102 , by the Point of the Mountain State Land Authority created in Section 11-59-201 ;
(d)a conveyance, lease, or disposal of division-owned property for fair market value, as determined by the division, under Subsection 63A-5b-303 (1)(a)(viii), except that the following sections apply:
(i)Section 63A-5b-907.5 ;
(ii)Section 63A-5b-908 ;
(iii)Section 63A-5b-910 ;
(iv)Section 63A-5b-911 ; and
(v)Section 63A-5b-912 ; or
(e)a conveyance, lease, or disposal of any state-owned land, as defined in Section 11-70-101 , by the Utah Fairpark Area Investment and Restoration District, created in Section 11-70-201 .
(2)Nothing in Subsection (1)(a), (b), or
(d)may be construed to diminish or eliminate the division's responsibility to manage division-owned property in the best interests of the state.
Amended by Chapter 419 , 2024 General Session
Amended by Chapter 480 , 2024 General Session