Utah Code Ann. tit. 53H, ch. 9, pt. 3 – Revenue Bonds | Midpage

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Utah Code

Part 3

Utah Code Ann. tit. 53H, ch. 9, pt. 3

Revenue Bonds

53H-9-301General provisions -- Definitions.53H-9-302Financing of projects or buildings -- Issuance of bonds -- Sale price determined by board -- Payment of bonds -- Bonds exempt from income taxation.53H-9-303Bonds do not create state indebtedness -- Special obligations -- Discharge of bonded indebtedness -- Agreements and covenants by the board regarding bonds -- Enforcement by court action.53H-9-304Agreements with federal government for funds.53H-9-305Deposit of bond proceeds -- Division of Facilities Construction and Management responsibilities and approval.53H-9-306Disposition and use of income from operation of buildings -- Payment of principal and interest on bonds.53H-9-307Examination and certification of bonds by attorney general -- Recital of certification -- Incontestability of bonds.53H-9-308Investment in bonds by private and public entities -- Approval as collateral security.53H-9-309Financing project by contract or lease agreement instead of by bond issue -- Authority of board -- Term of lease -- Terms of agreement -- Board covenants.53H-9-310Student building fees.53H-9-311Refunding bonds -- Issuance -- Proceeds -- Limitations.53H-9-312Authorized loans for acquisition, construction, furnishing, and equipping of projects -- Evidence of indebtedness -- Provisions -- Agreements with lending institutions -- Satisfaction and discharge -- Exemption from taxation.53H-9-313Financing projects and buildings -- Security instruments -- Terms.53H-9-314Limitation on issuance of bonds.53H-9-315Revenue bond authorizations.