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Utah Code § 11-59-603

Purchase of authority bonds

Utah · Utah Code Title 11 — Cities, Counties, and Local Taxing Units · Status: effective

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Utah Code § 11-59-603, Purchase of authority bonds, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2326412
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(1) Any individual, firm, corporation, association, political subdivision of the state, or other entity or public or private officer may purchase bonds issued by an authority under this part with funds owned or controlled by the purchaser. (2) Nothing in this section may be construed to relieve a purchaser of authority bonds of any duty to exercise reasonable care in selecting and purchasing securities.