Title 11, Title 11: Cities, Counties, and Local Taxing Units

11-17-12. Bonds -- Eligibility as investments and for use as security. Bonds issued under this act are hereby made securities in which all public officers and public bodies of the state and its political subdivisions, all insurance companies, credit unions, building and loan asso…

11-17-13. Pledge and undertaking for the state. The state of Utah does hereby pledge to and agree with the holders of any bonds issued under this act and with those parties who may enter into contracts with any county or municipality under this act, that the state will not alter,…

11-17-14. Uniform Commercial Code not applicable. Bonds issued under this act are exempt from the provisions of.

11-17-15. Public bidding laws and rules not applicable. The provisions of the various laws of the state of Utah and the rules or ordinances of the county or municipality which would otherwise require public bidding in respect to the acquisition, financing, management, funding, co…

11-17-16. Publication of resolutions and notice of bonds to be issued. (1) The governing body may provide for the publication of any resolution or other proceeding adopted by it under this chapter, including all resolutions providing for the sale or lease of any land by the munic…

11-17-16.1. Agreements authorized by resolution. (1) The governing body of any municipality, county, special service district, or state university entering into an agreement pursuant to Sectionmay provide for the publication of any resolution adopted by it authorizing the executi…

11-17-17. State universities granted same powers as municipalities and counties -- Authority to issue bonds. (1) The Utah Board of Higher Education may, on behalf of the University of Utah and Utah State University exercise all powers granted to municipalities and counties pursua…

11-17-18. Powers of Governor's Office of Economic Development. (1) For purposes of this chapter and for the purposes of the Utah Interlocal Cooperation Act, the Governor's Office of Economic Development, created in Section, has all the powers set out in this chapter of, and is su…

11-17-2. Definitions. As used in this chapter: (1) "Bonds" means bonds, notes, or other evidences of indebtedness. (2) "Clean energy system" means a product, system, device, or interacting group of devices that is permanently affixed to real property and that produces energy from…

11-17-20. Power of the Utah Charter School Finance Authority. (1) The Utah Charter School Finance Authority may exercise the powers granted to municipalities and counties by this chapter, subject to the same limitations as that imposed on a municipality or county under the chapte…

11-17-3. Powers of municipalities, counties, and state universities. (1) A municipality, county, and state university may: finance or acquire, whether by construction, purchase, devise, gift, exchange, or lease, or any one or more of those methods, and construct, reconstruct, imp…

11-17-3.5. Utah Inland Port Authority and Military Installation Development Authority governed by chapter. The Utah Inland Port Authority, created in Section, and the military installation development authority, created in Section, are subject to and governed by the provisions of…

11-17-4. Bonds -- Limitations -- Form and provisions -- Sale -- Negotiability. (1) All bonds issued by a municipality or county under this chapter shall be limited obligations of the municipality or county. Bonds and interest coupons issued under this chapter may not constitute n…

11-17-4.6. Bonds -- Terms specified by governing body. The proceedings of the governing body under which the bonds are authorized to be issued may: (1) if the bonds bear interest at a variable rate or rates, specify the methods, formulas, or indices by which the interest rate or …

11-17-5. Security for bonds -- Provisions in security agreements -- Limitations -- Liens. (1) The principal of and interest on any bonds issued under this chapter: shall be secured by a pledge and assignment of the revenues out of which the bonds are made payable or by such other…

11-17-6. Refunding bonds. Any bonds issued under this act and at any time outstanding may at any time and from time to time be refunded either in advance or by exchange by a municipality or county by the issuance of its refunding bonds in such amount as the governing body may dee…

11-17-7. Disposition of proceeds of bonds. The proceeds from the sale of any bonds issued under this act shall be applied only for the purposes for which the bonds were issued; but any accrued interest and premium received upon any such sale shall be applied to the payment of the…

11-17-8. Items included in cost of project. The cost of acquiring or improving any project includes the following: (1) the actual cost of acquiring or improving real estate; (2) the actual cost of enlarging, constructing, reconstructing, improving, maintaining, equipping, or furn…

11-17-9. Commingling of bond proceeds or revenues with other funds prohibited. No part of the proceeds received from the sale of any bonds issued under this act, of any revenues derived from any project acquired or held under this act, or of any interest realized on money receive…