Utah · Statutes
Chapter 11-27 — Utah Refunding Bond Act
11 sections
11 sections
- Utah Code § 11-27-1Short title -- Recital of authority required on face of bonds.
- Utah Code § 11-27-2Definitions.
- Utah Code § 11-27-3Action by resolution of governing body -- Purposes for bond issue -- Exchange or sale -- Interest rate limitations inapplicable -- Principal amount -- Investment of proceeds -- Safekeeping and application of proceeds -- Computing indebtedness -- Payment of bonds -- Combination issues -- Laws applicable to issuance -- Payment from taxes or pledged revenues.
- Utah Code § 11-27-3.5Tax levy to pay state refunding bonds -- Sinking fund -- Payments -- Abatement of tax -- Investment of fund -- Interest rates on bonds -- Security for bonds.
- Utah Code § 11-27-4Publication of resolution -- Notice of bond issue -- Contest of resolution or proceeding.
- Utah Code § 11-27-5Negotiability of bonds -- Intent and construction of chapter -- Budget for payment of bonds -- Proceedings limited to those required by chapter -- Notice -- No election required -- Application of chapter.
- Utah Code § 11-27-6Bonds and interest exempt from taxation except corporate franchise tax.
- Utah Code § 11-27-7Chapter inapplicable to anticipation bonds and obligations.
- Utah Code § 11-27-8Chapter controlling in conflict of laws.
- Utah Code § 11-27-9Prerequisites to issuance of state general obligation refunding bonds.
- Utah Code § 11-27-10Legal investment status of refunding bonds.