53A-20b-102 - Definitions.
53A-20b-102. Definitions.
As used in this chapter:
(1) "Authority" means the State Charter School Finance Authority created by thischapter.
(2) (a) "Obligations" mean any notes, debentures, revenue bonds, or other evidences offinancial indebtedness, except as provided in Subsection (2)(b).
(b) "Obligations" do not include general obligation bonds.
(3) "Project" means:
(a) any building, structure, or property owned, or to be acquired, by a charter school forany of its educational purposes and the related appurtenances, easements, rights-of-way,improvements, paving, utilities, landscaping, parking facilities, and lands; or
(b) any capital equipment owned, or to be acquired, by a charter school for any of itseducational purposes, interests in land, and grounds, together with the personal propertynecessary, convenient, or appurtenant to them.
Enacted by Chapter 167, 2007 General Session