Utah Admin. Code R850-90-700 - Private Exchange Procedures
1.
Political subdivisions of the state and agencies of the federal government
shall be eligible for private exchange.
2. In order to determine that a private
exchange is in the best interests of the trust beneficiaries, advertising to
provide notice of this action shall be required pursuant to Section
53C-4-102(3).
The cost of this advertising shall be negotiated.
3. All agency rules governing land exchanges
shall apply to private exchanges except
R850-90-400 and
R850-90-500.
R850-90-300(2),
R850-90-500(2),
and
R850-90-900(4)
may be waived when the agency is a co-applicant.
Notes
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