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Utah Code § 10-2-904

Bonds not affected by municipal boundary adjustment -- Payment of property taxes

Utah · Utah Code Title 10 — Utah Municipal Code · Status: effective

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Utah Code § 10-2-904, Bonds not affected by municipal boundary adjustment -- Payment of property taxes, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2325110
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(1) A boundary adjustment under this part may not jeopardize or endanger any general obligation or revenue bond. (2) A bondholder may require the payment of property taxes from any area that: (a) was included in the taxable value of the municipality or other governmental entity issuing the bond at the time the bond was issued; and (b) is no longer within the boundaries of the municipality or other governmental entity issuing the bond due to a boundary adjustment.