Utah Admin. Code R850-70-700 - Forest Product Sales Contracts
1. The sales contract must include:
(a) a legal description of the affected
lands;
(b) the purchase price and
any pre-paid amounts;
(c) dates on
which obligations must be met;
(d)
requirements for financial guaranties;
(e) requirements for a harvest operations
plan to be submitted and approved by the agency before commencing activities;
and
(f) any other terms, covenants,
or conditions to ensure the responsible harvest of forest products and
compliance with the agency's rules.
2. The term of a sales contract should
generally be no longer than three years, unless otherwise approved by the
director.
3. The sales contract is
not final until the purchaser and the director execute the contract.
Notes
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