73-31-104. Objectives of water banks.
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/ut/title-73/chapter-31/73-31-104A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 5/12/2020
73-31-104. Objectives of water banks.
The objectives in creating a water bank are to:
(1)promote:
(a)the optimal use of the public's water;
(b)transparency and access to water markets;
(c)temporary, flexible, and low cost water transactions between water users; and
(d)Utah's agricultural economy by providing access to water resources and income for Utah's agricultural industry; and
(2)facilitate:
(a)robust and sustainable agricultural production while meeting growing municipal and industrial water demands, such as fallowing arrangements;
(b)water quality improvement;
(c)water rights administration and distribution; and
(d)a healthy and resilient natural environment.
Enacted by Chapter 342 , 2020 General Session