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Utah Code § 17D-2-501

Provisions applicable to issuance of local building authority bonds

Utah · Utah Code Title 17D — Limited Purpose Local Government Entities - Other Entities · Status: effective

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Utah Code § 17D-2-501, Provisions applicable to issuance of local building authority bonds, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2330136
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(1) Except as otherwise provided in this chapter: (a) each local building authority that issues bonds shall: (i) issue them as provided in Title 11, Chapter 14, Local Government Bonding Act, except Section 11-14-306; and (ii) receive the benefits of Title 11, Chapter 30, Utah Bond Validation Act; (b) bonds issued by a local building authority are governed by and subject to Title 11, Chapter 14, Local Government Bonding Act, except Sections 11-14-306 and 11-14-403; and (c) each local building authority that issues refunding bonds shall issue them as provided in Title 11, Chapter 27, Utah Refunding Bond Act. (2) A local building authority that issues a lease revenue bond on or after May 1, 2024 shall comply with the same requirements and is subject to the same limitations under Subsection 11-14-103(6) that apply to the issuance of a lease revenue bond by a local political subdivision, as defined in Section 11-14-102.