{"data":{"id":"us-ut/utah-code-17d-2-504","jurisdiction":"us-ut","citation":"Utah Code § 17D-2-504","heading":"Local building authority bonds payable solely from lease payments.","body":"(1) Except to the extent that they are secured as provided in Section 17D-2-505, bonds issued by a local building authority and interest on the bonds are payable solely from payments received under a lease agreement with the creating local entity with respect to the project that was financed with the bond proceeds.\n(2) Each bond issued by a local building authority shall recite on its face that the bond is payable as provided in Subsection (1).","path":["Title 17D Limited Purpose Local Government Entities - Other Entities","Chapter 17D-2 Local Building Authority Act","Part 17D-2-5 Local Building Authority Bonds"],"source_url":"https://le.utah.gov/xcode/Title17D/Chapter2/17D-2-S504.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"4799f953604b44064fa44e63b6ef7b5f974b1d324ea10c890740ddde82b0841f","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-17d-2-503","next":"us-ut/utah-code-17d-2-505"},"notice":"GroundRules: Original legal text. Not legal advice."}