Utah Code 11-54-102. Definitions

As used in this chapter:

(1)	“Buyback purchaser” means a person who buys a procurement item from the local government entity to which the person previously sold the procurement item.

Buyback purchaser: means a person who buys a procurement item from the local government entity to which the person previously sold the procurement item. See Utah Code 11-54-102
City: includes , depending on population, a metro township as defined in Section 10-3c-102. See Utah Code 68-3-12.5
Local government entity: means a county, city, town, metro township, special district, special service district, community reinvestment agency, conservation district, or school district that is not subject to Title 63G, Chapter 6a, Utah Procurement Code. See Utah Code 11-54-102
Person: means :Utah Code 68-3-12.5
Procurement item: means the same as that term is defined in Section 63G-6a-103. See Utah Code 11-54-102
Town: includes , depending on population, a metro township as defined in Section 10-3c-102. See Utah Code 68-3-12.5

(2)

“Excess repurchase amount” means the difference between:

(a)	the amount a buyback purchaser pays to a local government entity to purchase a procurement item that the buyback purchaser previously sold to the local government entity; and

(b)	the amount the local government entity paid to the buyback purchaser to purchase the procurement item.

(3)	“Local government entity” means a county, city, town, metro township, special district, special service district, community reinvestment agency, conservation district, or school district that is not subject to Title 63G, Chapter 6a, Utah Procurement Code.

(4)	“Procurement item” means the same as that term is defined in Section 63G-6a-103.

Amended by Chapter 16, 2023 General Session