Charter School Reserve Account contribution requirements for qualifying charter schools.

Utah Code § 53G-5-607, under Part 53G-5-6: Charter School Credit Enhancement Program.

Utah Code § 53G-5-607

53G-5-607. Charter School Reserve Account contribution requirements for qualifying charter schools.

(1) When bonds are issued under the credit enhancement program for a qualifying charter school, the qualifying charter school shall contribute money to the reserve account in the amount determined as provided in Subsection. (2)

(2) The authority shall determine the up-front and ongoing requirements for contributions of money to the reserve account for each qualifying charter school.