17D-2-501 - Provisions applicable to issuance of local building authority bonds.
17D-2-501. Provisions applicable to issuance of local building authority bonds.
Except as otherwise provided in this chapter:
(1) each local building authority that issues bonds shall:
(a) issue them as provided in Title 11, Chapter 14, Local Government Bonding Act,except Section 11-14-306; and
(b) receive the benefits of Title 11, Chapter 30, Utah Bond Validation Act;
(2) 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
(3) each local building authority that issues refunding bonds shall issue them as providedin Title 11, Chapter 27, Utah Refunding Bond Act.
Enacted by Chapter 360, 2008 General Session