Utah Code § 11-42-706
Validation of prior guaranty fund or reserve fund proceedings
Utah · Utah Code Title 11 — Cities, Counties, and Local Taxing Units · Status: effective
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- Citation
- Utah Code § 11-42-706, Validation of prior guaranty fund or reserve fund proceedings, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2326181
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Full text
(1) Subject to Subsection (2), all proceedings before April 30, 2007 related to the creation, maintenance, and use of a guaranty fund or reserve fund are validated, ratified, and confirmed.
(2) Nothing in this section may be construed to affect the validity of a guaranty fund or reserve fund whose legality is being contested on April 30, 2007.