(1)  Before any livestock or property is destroyed under Section 4-31-106, an appraisal of the fair market value of the livestock or other property shall be forwarded to the commissioner by a panel of three qualified appraisers appointed as follows:

Terms Used In Utah Code 4-31-107

  • Appraisal: A determination of property value.
  • Commissioner: means the commissioner of agriculture and food. See Utah Code 4-1-109
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Livestock: means cattle, sheep, goats, swine, horses, mules, poultry, domesticated elk as defined in Section 4-39-102, or any other domestic animal or domestic furbearer raised or kept for profit. See Utah Code 4-1-109
  • Property: includes both real and personal property. See Utah Code 68-3-12.5
  • State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
(a)  one by the commissioner;

(b)  one by the owner of the livestock or other property subject to condemnation; and

(c)  one by the appraisers specified in Subsections (1)(a) and (b).

(2)  After review, the commissioner shall forward the appraisal to the board of examiners described in Subsection 63G-9-201(2) together with the commissioner’s recommendation concerning the amount, if any, that should be allowed.

(3)  Any costs incurred in the appraisal shall be paid by the state.

Amended by Chapter 345, 2017 General Session