Utah Code § 63B-11-304
Manner of issuance -- Amounts, interest, and maturity
Utah · Utah Code Title 63B — Bonds · Status: effective
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- Citation
- Utah Code § 63B-11-304, Manner of issuance -- Amounts, interest, and maturity, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2346775
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Full text
(1) Bonds issued under this chapter may be authorized, sold, and issued at times and in a manner determined by the commission by resolution.
(2) Bonds may be issued in one or more series, in amounts, and shall bear dates, interest rates, including a variable rate, and maturity dates as the commission determines by resolution.
(3) A bond issued may not mature later than 15 years after the dated date of the bonds.