9-4-504.   Powers, functions, and duties of board of review.
     The board of review shall:
     (1) make, subject to the limitations of the code, allocations of volume cap to issuing authorities;
     (2) determine the amount of volume cap to be allocated with respect to approved applications;
     (3) maintain a record of all applications filed by issuing authorities under Section 9-4-505 and all certificates of allocation issued under Section 9-4-507;
     (4) maintain a record of all bonds issued by issuing authorities during each year;
     (5) determine the amount of volume cap to be treated as a carryforward under Section 146(f) of the code and allocate this carryforward to one or more qualified carryforward purposes;
     (6) make available upon reasonable request a certified copy of all or any part of the records maintained by the board of review under this part or a summary of them including information relating to the volume cap for each year and any amounts available for allocation under this part;
     (7) promulgate rules for the allocation of volume cap under this part; and
     (8) charge reasonable fees for the performance of duties prescribed by this part, including application, filing, and processing fees.

Amended by Chapter 192, 1997 General Session
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Last revised: Thursday, May 28, 2009