Title 73 Water and Irrigation Chapter 10c Water Development Coordinating Council Section 10 Origination fee.
73-10c-10.Origination fee.
(1) The Drinking Water Board and the Water Quality Board may establish an origination
fee for a loan to fund the administration of the programs created by this chapter by following the
procedures and requirements of Section 63J-1-504.
(2) The origination fee shall be part of the department fee schedule established under
Section 19-1-201.
(3) Notwithstanding the requirements of Section 63J-1-504, the board shall deposit the
fee in the origination fee subaccount created in Section 73-10c-5 and use the fee to administer
this chapter.
(4) The loan recipient may pay the origination fee from the loan proceeds.
Amended by Chapter 183, 2009 General Session
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