Utah Code § 63H-1-603
Authority to purchase agency bonds
Utah · Utah Code Title 63H — Independent State Entities · Status: effective
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- Citation
- Utah Code § 63H-1-603, Authority to purchase agency bonds, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2347780
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Full text
(1) Any person, 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 securities.