73-20-11 - Transfer of funds -- Purposes. - Utah Statutes

73-20-11. Transfer of funds -- Purposes.

(1) On the effective date of this act $1,500,000 shall be transferred from the EmergencyWater Resources Account created under Section 73-20-8 and initially funded under Section73-20-9 to the water and power board construction fund proper.
(2) The balance remaining in the Emergency Water Resources Account after the transferauthorized by Subsection (1) of this section may be used for all purposes provided for under Title73, Chapter 20 through December 31, 1978. Any amount in this account then remaininguncommitted shall be transferred immediately to the water and power board construction fundproper.
(3) Any amounts so transferred under Subsection (1) or (2) of this section shall besubstantially used initially for agriculturally-related projects.

Enacted by Chapter 37, 1978 General Session