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Utah · Through 2026 General Session

Utah Code § 17D-2-501: Provisions applicable to issuance of local building authority bonds.

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Where this section sits in the code
  1. Title 17D Limited Purpose Local Government Entities - Other Entities
  2. Chapter 17D-2 Local Building Authority Act
  3. Part 17D-2-5 Local Building Authority Bonds

(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.

Collected 2026-09-03T11:34:33Z. Source file · JSON

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