R590-273-8

R590-273-8. Lien Held by the Commissioner in Favor of a Resident or a Group of Residents

Last amended: 2024Length: 157 wordsOfficial source

Cite as Utah Admin. Code R590-273-8

The lien amount on a provider's property that is superior to the lien described in Subsection 31A-44-601(1) is limited to the portion of the funds secured by the lien used by the provider, including: (1) an amount used to pay fees and costs for the design of the facility, including architectural and engineering fees and costs; (2) an amount paid for engineering, environmental, and similar studies, reports, and surveys for the facility; (3) an amount paid for appraisals, marketing, and other reports and surveys for construction, acquisition, or improvement of the facility; (4) fees and costs paid to contractors, developers, brokers, salespersons, and other employees and agents, including affiliates of the provider; (5) a fee, charge, assessment, or tax charged or imposed by a governmental unit, district, or similar body having jurisdiction over the facility; and (6) reimbursement to a provider for expenditures that qualify under Subsection 31A-44-601(1) or this rule, if paid directly from loan proceeds.
R590-273-8: R590-273-8. Lien Held by the Commissioner in Favor of a Resident or a Group of Residents | Justis AI