70-3a-502 - Use of funds collected under this chapter.
70-3a-502. Use of funds collected under this chapter.
Notwithstanding Subsections 13-1-2(3)(c) and 70-3a-203(2), any funds collected from theregistration of a mark under this chapter or the use of the database in excess of the expense ofmaintaining the database shall be retained as dedicated credits to be used by the division to:
(1) promote the electronic registration of marks to holders of federal trademarks;
(2) promote the state as a desirable location for business; and
(3) provide incentives to businesses considering relocation to the state.
Amended by Chapter 258, 2008 General Session