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Code · Utah · Title 63N — Economic Opportunity Act · Chapter 24

63N-24-702. Purpose.

128 words·~1 min read·/ut/title-63n/chapter-24/63n-24-702

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Effective 7/1/2026
63N-24-702. Purpose.
The purpose of this part is to:
(1)maximize the long-term benefit of state severance taxes derived from lands in Utah held in trust by the United States for the Navajo Nation and the Navajo Nation members by fostering funding mechanisms that will, consistent with sound financial practices, result in the greatest use of financial resources for the greatest number of citizens of San Juan County; and
(2)promote cooperation and coordination between the state, the state's political subdivisions, Indian tribes, and individuals, firms, and business organizations engaged in the development of oil and gas interests in Utah held in trust by the United States for the Navajo Nation and the Navajo Nation members.
Renumbered and Amended by Chapter 393 , 2026 General Session
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