Terms Used In Utah Code > Title 53C > Chapter 3 - Deposit and Allocation of Revenue from Trust Lands

• Acquired lands: means lands acquired by the administration under the agreement. See Utah Code 53C-3-201
• Acquired mineral interests: means mineral interests acquired by the administration pursuant to Section 3(F), (K), (L), or (M) of the agreement. See Utah Code 53C-3-201
• Administration: means the School and Institutional Trust Lands Administration. See Utah Code 53C-1-103
• Agreement: means the Agreement to Exchange Utah School Trust Lands Between the State of Utah and the United States of America, signed May 8, 1998, as ratified by the Utah School and Lands Exchange Act of 1998, Pub. See Utah Code 53C-3-201
• Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
• Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
• Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. ^{Source: OCC}
• Board: means the State Board of Education. See Utah Code 20A-14-101.1
• Board block equivalency file: means the electronic file designated as SB2005S07_BEF. See Utah Code 20A-14-101.1
• Board shapefile: means the electronic shapefile that:
       (3)(a) is the resulting projection of the Board block equivalency file; and
       (3)(b) stores the boundary of each of the 15 State Board of Education districts. See Utah Code 20A-14-101.1
• Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
• Exchange: means a land or mineral interest exchange by the administration and the United States of America after March 1, 2007 that is directed by Congressional action. See Utah Code 53C-3-201
• Exchanged lands: means lands:
       (5)(a) acquired by the administration through an exchange; and
       (5)(b) reduced in value to take into account the presence of minerals subject to leasing under the Mineral Leasing Act, Utah Code 53C-3-201
• Exchanged mineral interests: means mineral interests:
       (6)(a) acquired by the administration through an exchange; and
       (6)(b) reduced in value to take into account the presence of minerals subject to leasing under the Mineral Leasing Act, Utah Code 53C-3-201
• Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. ^{Source: OCC}
• Identified tracts: means the tracts identified in Section 3(F), (G), (J), (K), (L), and (M) of the agreement, generally referred to as the Cottonwood Tract, Westridge Coal Tract, Ferron Field, Mill Fork Tract, Dugout Canyon Tract, Muddy Tract, and North Horn Coal Tract. See Utah Code 53C-3-201
• Mineral: includes oil, gas, and hydrocarbons. See Utah Code 53C-1-103
• Road: includes :
       (33)(a) a public bridge;
       (33)(b) a county way;
       (33)(c) a county road;
       (33)(d) a common road; and
       (33)(e) a state road. See Utah Code 68-3-12.5
• Shapefile: means the digital vector storage format for storing geometric location and associated attribute information. See Utah Code 20A-14-101.1
• trust lands: means those properties granted by the United States in the Utah Enabling Act to the state in trust, and other lands transferred to the trust, which must be managed for the benefit of:
       (8)(a) the state's public education system; or
       (8)(b) the institutions of the state which are designated by the Utah Enabling Act as beneficiaries of trust lands. See Utah Code 53C-1-103