GroundRules
Utah Code § 63B-27-103: Highway bonds debt limitation.
Where this section sits in the code
- Title 63B Bonds
- Chapter 63B-27 2017 Bonding and Financing Authorizations
- Part 63B-27-1 2017 Highway General Obligation Bonds
(1) Notwithstanding Subsection 63B-27-101(1)(c), the commission may issue a general obligation bond authorized under Section 63B-27-101 if the issuance of the general obligation bond would result in the total current outstanding general obligation debt of the state exceeding 50% of the limitation described in the Utah Constitution, Article XIV, Section 1.
(2) This section supersedes any conflicting provisions of Utah law.
Collected 2026-09-03T11:34:33Z. Source file · JSON