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H.B. 11 Enrolled

                 

STATE LOAN COMMISSIONERS AND LOAN

                 
AUTHORIZATION REPEAL

                 
2001 GENERAL SESSION

                 
STATE OF UTAH

                 
Sponsor: Bryan D. Holladay

                  Darin G. Peterson
                  David Clark
                  Stephen H. Urquhart
Ron Bigelow
Bradley A. Winn
Brent D. Parker
Paul Ray


                  This act modifies code sections creating and governing state loan commissioners by repealing
                  obsolete and lapsed sections governing state loan commissioners. This act repeals provisions
                  authorizing certain paid-off loans.
                  This act affects sections of Utah Code Annotated 1953 as follows:
                  REPEALS:
                      66-1-1, as last amended by Chapter 243, Laws of Utah 1996
                      66-1-3, Utah Code Annotated 1953
                      66-1-4, Utah Code Annotated 1953
                      66-6-1, as last amended by Chapter 92, Laws of Utah 1987
                      66-6-2, as enacted by Chapter 159, Laws of Utah 1961
                      66-6-3, as enacted by Chapter 159, Laws of Utah 1961
                      66-6-4, as last amended by Chapter 12, Laws of Utah 1994
                      66-7-1, as last amended by Chapter 92, Laws of Utah 1987
                      66-7-2, as enacted by Chapter 160, Laws of Utah 1961
                      66-7-3, as enacted by Chapter 160, Laws of Utah 1961
                      66-7-4, as enacted by Chapter 160, Laws of Utah 1961
                  Be it enacted by the Legislature of the state of Utah:
                      Section 1. Repealer.
                      This act repeals:
                      Section 66-1-1, Members of state board.
                      Section 66-1-3, Payment of loans.


                      Section 66-1-4, Biennial report to governor.
                      Section 66-6-1, Authority to negotiate -- Use of proceeds.
                      Section 66-6-2, When loan to be made -- Amount of loan.
                      Section 66-6-3, Authority to secure funds to assure availability of loan balance.
                      Section 66-6-4, Repayment of loan.
                      Section 66-7-1, Authority to negotiate -- Use of proceeds.
                      Section 66-7-2, When loan to be made -- Amount.
                      Section 66-7-3, Authority to secure funds to assure availability of loan balance.
                      Section 66-7-4, Repayment of loan.

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