(1) There is created a restricted account in the General Fund known as the "Post Disaster Recovery and Mitigation Restricted Account."
(2) The account consists of: (a) money appropriated to the account by the Legislature; (b) income and interest derived from the deposit and investment of money in the account; and (c) private donations, grants, gifts, bequests, or money made available from any other source to implement this section.
(a) money appropriated to the account by the Legislature;
(b) income and interest derived from the deposit and investment of money in the account; and
(c) private donations, grants, gifts, bequests, or money made available from any other source to implement this section.
(3) At the close of a fiscal year, money in the account exceeding $10,000,000, excluding money granted to the account under Subsection (2)(c), shall be transferred to the General Fund.
(4) Subject to the requirements described in this part, and upon appropriation by the Legislature, the division may grant money appropriated from the account: (a) to an affected community for the affected community's disaster recovery efforts as described in Section 53-2a-1303; or (b) to a community for post hazard mitigation as described in Section 53-2a-1304.
(a) to an affected community for the affected community's disaster recovery efforts as described in Section 53-2a-1303; or
(b) to a community for post hazard mitigation as described in Section 53-2a-1304.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.