§ 63M-1-3505. Notice of noncompliance. (Effective 9/2/2014)

Latest version.

Enforcement of a recapture provision under Subsection 63M-1-3504(1) is subject to a six-month cure period. The office may not recapture a tax credit until the office notifies the qualified community development entity of noncompliance and affords the qualified community development entity six months from the date of the notice to cure the noncompliance.

Enacted by Chapter 435, 2014 General Session

                    
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