73-31-205. Review of statutory bank application.
158 words·~1 min read·
/ut/title-73/chapter-31/73-31-205A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 5/12/2020
73-31-205. Review of statutory bank application.
(1)After complying with Sections 73-31-203 and 73-31-204 , the board shall approve an application if the application satisfies Section 73-31-202 , which is to be liberally interpreted by the board to facilitate the objectives described in Section 73-31-104 .
(2)In approving an application, the board shall:
(a)issue an order approving the statutory water bank;
(b)approve persons to serve as the initial members of the governing body in accordance with the proposed statutory water bank's structure and Section 73-31-202 ; and
(c)publish the approved application on the water banking website.
(3)If the board denies an application, the board shall issue a written explanation to the applicant that sets forth the reason for denial, provided that the board's decision regarding an application does not create a right of appeal under Title 63G, Chapter 4, Administrative Procedures Act .
Enacted by Chapter 342 , 2020 General Session