Legal investment status.

Utah Code § 63B-2-115, under Part 63B-2-1: Capital Facilities and Capital Improvement Bonding.

Utah Code § 63B-2-115

63B-2-115. Legal investment status.

Bonds issued under this chapter are legal investments for all state trust funds, insurance companies, banks, trust companies, and the State School Fund and may be used as collateral to secure legal obligations.