Article XIV — PUBLIC DEBT
7 sections · 0 paragraphs in this article.
Utah Const. art. XIV, § 1 State debt, limitation
0.7K chars
To meet casual deficits or failures in revenue, and for necessary expenditures for public purposes, including the erection of public buildings, and for the payment of all Territorial indebtedness assumed by the State, the State may contract debts, not exceeding in the aggregate a…
Utah Const. art. XIV, § 2 Debts for public defense
0.2K chars
The State may contract debts to repel invasion, suppress insurrection, or to defend the State in war, but the money arising from the contracting of such debts shall be applied solely to the purpose for which it was obtained.
Utah Const. art. XIV, § 3 Debts of counties, cities, etc., not to exceed revenue. Exception
0.5K chars
No debt in excess of the taxes for the current year shall be created by any county or subdivision thereof, or by any school district therein, or by any city, town or village, or any subdivision thereof in this State; unless the proposition to create such debt, shall have been sub…
Utah Const. art. XIV, § 4 Limit of indebtedness of counties, cities, towns and school districts
1.2K chars
When authorized to create indebtedness as provided in section three of this article, no county shall become indebted to an amount, including existing indebtedness, exceeding two per centum. No city, town, school district or other municipal corporation, shall become indebted to an…
Utah Const. art. XIV, § 5 Borrowed money to be applied to authorized use
0.2K chars
All moneys borrowed by, or on behalf of the State, or any legal subdivision thereof, shall be used solely for the purpose specified in the law authorizing the loan.
Utah Const. art. XIV, § 6 State not to assume county, etc., debts
0.1K chars
The State shall not assume the debt, or any part thereof, of any county, city, town or school district.
Utah Const. art. XIV, § 7 Existing indebtedness not impaired
0.5K chars
Nothing in this article shall be so construed as to impair or add to the obligation of any debt heretofore contracted, in accordance with the laws of Utah Territory, by any county, city, town or school district, or to prevent the contracting of any debt, or the issuing of bonds t…