GroundRules
Utah Code § 17D-2-507: Required provision in device securing payment of bonds.
Where this section sits in the code
- Title 17D Limited Purpose Local Government Entities - Other Entities
- Chapter 17D-2 Local Building Authority Act
- Part 17D-2-5 Local Building Authority Bonds
Each mortgage, trust deed, security agreement, trust indenture, or other security device securing payment of bonds issued under this part shall provide that no deficiency judgment upon foreclosure may be entered against:
(1) the local building authority;
(2) the state; or
(3) any political subdivision of the state.
Collected 2026-09-03T11:34:33Z. Source file · JSON