GroundRules
Utah Code § 11-42-603: Sources of payment for interim warrants and bond anticipation notes.
Where this section sits in the code
- Title 11 Cities, Counties, and Local Taxing Units
- Chapter 11-42 Assessment Area Act
- Part 11-42-6 Interim Warrants, Bond Anticipation Notes, Assessment Bonds, and Refunding Assessment Bonds
Each local entity that has issued interim warrants or bond anticipation notes shall pay the warrants or notes from:
(1) proceeds from the sale of assessment bonds;
(2) cash the local entity receives from the payment for improvements;
(3) assessments;
(4) improvement revenues that are not pledged to the payment of assessment bonds;
(5) proceeds from the sale of interim warrants or bond anticipation notes; or
(6) the local entity's guaranty fund or, if applicable, the reserve fund.
Collected 2026-09-03T11:34:33Z. Source file · JSON