17D-2-501. Provisions applicable to issuance of local building authority bonds.
(1) Except as otherwise provided in this chapter: each local building authority that issues bonds shall: issue them as provided in Title 11, Chapter 14, Local Government Bonding Act, except Section; and 11-14-306 receive the benefits of Title 11, Chapter 30, Utah Bond Validation Act; bonds issued by a local building authority are governed by and subject to Title 11, Chapter 14, Local Government Bonding Act, except Sectionsand; and 11-14-306 11-14-403 each local building authority that issues refunding bonds shall issue them as provided in Title 11, Chapter 27, Utah Refunding Bond Act.
(2) A local building authority that issues a lease revenue bond on or after May 1, 2024 shall comply with the same requirements and is subject to the same limitations under Subsectionthat apply to the issuance of a lease revenue bond by a local political subdivision, as defined in Section. 11-14-103(6) 11-14-102