Utah Code Ann. tit. 63B, ch. 2, pt. 2 – Highway General Obligation Bonds | Midpage

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Utah Code

Part 2

Utah Code Ann. tit. 63B, ch. 2, pt. 2

Highway General Obligation Bonds

63B-2-201State Bonding Commission authorized to issue general obligation bonds.63B-2-202Maximum amount -- Projects authorized.63B-2-203Bond proceeds may be used to pay costs of issuance and sale.63B-2-204Manner of issuance -- Amounts, interest, and maturity.63B-2-205Terms and conditions of sale -- Plan of financing -- Signatures -- Replacement -- Registration -- Federal rebate.63B-2-206Constitutional debt limitation.63B-2-207Tax levy -- Abatement of tax.63B-2-208Creation of sinking fund.63B-2-209Payment of interest, principal, and redemption premiums.63B-2-210Investment of sinking fund money.63B-2-211Bond proceeds -- Deposits -- Investment -- Disposition of investment income and unexpended proceeds.63B-2-212Refunding of bonds.63B-2-213Certification of satisfaction of conditions precedent -- Conclusiveness.63B-2-214Tax exemption.63B-2-215Legal investment status.63B-2-216Publication of resolution or notice -- Limitation on actions to contest legality.63B-2-217Report to Legislature.