Section 202 - Criteria for loans.

UT Code § 11-45-202 (2019) (N/A)
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(1) The office shall make a loan from the fund to a political subdivision only to finance an energy efficiency project.

(2) The office may not make a loan from the fund: (a) to finance a political subdivision's compliance with the energy code in the construction of a new building; or (b) with a term of less than two years or more than 12 years.

(a) to finance a political subdivision's compliance with the energy code in the construction of a new building; or

(b) with a term of less than two years or more than 12 years.