Section 605 - Notice of noncompliance.

UT Code § 63N-2-605 (2019) (N/A)
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(1) Enforcement of a recapture provision under Subsection 63N-2-604(1) is subject to a six-month cure period.

(2) The office may not recapture a tax credit until the office notifies the qualified community development entity of noncompliance and affords the qualified community development entity six months from the date of the notice to cure the noncompliance.