Utah · Statutes

Chapter 63H-8 — Utah Housing Corporation Act

26 sections

Utah Code § 63H-8-101Title.
Utah Code § 63H-8-102Policy -- Finding and declaration.
Utah Code § 63H-8-103Definitions.
Utah Code § 63H-8-201Creation -- Trustees -- Terms -- Vacancies -- Chair -- Powers -- Quorum -- Per diem and expenses -- Annual conflict of interest disclosure statement -- Penalties.
Utah Code § 63H-8-202Corporation as continuation of agency.
Utah Code § 63H-8-203President and chief executive officer -- Secretary-treasurer -- Powers and duties -- Power to employ experts -- Power to employ independent legal counsel.
Utah Code § 63H-8-204Relation to certain acts.
Utah Code § 63H-8-205Disclosure of interest.
Utah Code § 63H-8-206Officer or employee -- No forfeiture of office or employment.
Utah Code § 63H-8-301Corporation -- Powers.
Utah Code § 63H-8-302Corporation -- Additional powers.
Utah Code § 63H-8-303Power to issue mortgage credit certificates -- Impact of federal legislation on tax exempt status of corporation bonds.
Utah Code § 63H-8-304Power to borrow money and make loans -- Issuance of notes and bonds -- Mortgage backed securities.
Utah Code § 63H-8-401Corporation money -- Depositing and paying out -- Power to contract with holders of notes and bonds -- Money held in trust.
Utah Code § 63H-8-402State pledge to holders of notes or bonds.
Utah Code § 63H-8-403Notes, bonds, other obligations -- Not a debt liability -- Expenses payable from funds provided -- Corporation without authority to incur liability on behalf of state -- Relationship to Governmental Immunity Act of Utah.
Utah Code § 63H-8-404Corporation property, notes, and bonds -- Tax exemption except corporate franchise tax.
Utah Code § 63H-8-405Corporation notes, bonds, obligations -- Legal investments.
Utah Code § 63H-8-406Annual report to governor and Legislature -- Contents -- Audits.
Utah Code § 63H-8-407Act not restriction on powers of corporation -- Construed as alternative -- Bonds, notes, obligations issued need not comply with other laws.
Utah Code § 63H-8-408Allocation to corporation of mortgage bonds qualified under Internal Revenue Code.
Utah Code § 63H-8-409Allocation of qualified mortgage bonds to counties, cities, and towns.
Utah Code § 63H-8-410Low-income housing tax credits.
Utah Code § 63H-8-411Asset disposition upon dissolution of corporation.
Utah Code § 63H-8-501Definitions.
Utah Code § 63H-8-502First-Time Homebuyer Assistance Program.