Utah Code § 72-2-114: Transfer of money -- Debt service.
Where this section sits in the code
- Title 72 Transportation Code
- Chapter 72-2 Transportation Finances Act
- Part 72-2-1 Transportation Fund and Highway Finances
(1) When there are insufficient appropriations or money available from other legal sources to pay interest on any bond anticipation notes issued under the authority of Title 63B, Chapter 6, Part 3, 1997 Highway Bond Anticipation Note Authorization, the Division of Finance shall inform the department of the amount necessary to pay that interest.
(2) After receiving notice under Subsection (1), the department shall transfer money from any available source other than the Transportation Fund to the Division of Finance for deposit into the Debt Service Fund to pay interest on bond anticipation notes issued under the authority of Title 63B, Chapter 6, Part 3, 1997 Highway Bond Anticipation Note Authorization.
Collected 2026-09-03T11:34:34Z. Source file · JSON