63B-7-203 - Bond proceeds may be used to pay costs of issuance and sale.
63B-7-203. Bond proceeds may be used to pay costs of issuance and sale.
The proceeds of bonds issued under this chapter shall be used for the purposes describedin Section 63B-7-202 and to pay all or part of any cost incident to the issuance and sale of thebonds including, without limitation, printing, registration and transfer costs, legal fees, trustees'fees, financial advisors' fees, and underwriters' discount.
Enacted by Chapter 316, 1998 General Session