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

11-68-302. Executive director. (1) The board shall: hire an executive director for the authority as provided in this Subsection; (1)(a) conduct a national search to find applicants for the position of executive director; and establish the salary, benefits, and other compensation …

11-68-403. Enterprise fund -- Creation -- Revenue -- Uses. (1) There is created an enterprise fund entitled the Utah State Fair Fund. The executive director shall administer the fund under the direction of the board. (2) The fund consists of money generated from the following rev…

11-68-501. Authority may issue bonds -- Resolution authorizing issuance of authority bonds -- Characteristics of bonds. (1) The authority may issue bonds, as provided in this part, to fund development consistent with the master plan adopted under Subsection. 11-68-301(9)(c) (2) T…

11-68-502. Sources from which bonds may be made payable -- Authority powers regarding bonds. (1) The principal and interest on bonds issued by the authority may be made payable from: the income and revenues of the development projects financed with the proceeds of the bonds; the …

11-68-503. Authority to purchase agency bonds. (1) Any person, firm, corporation, association, political subdivision of the state, or other entity or public or private officer may purchase bonds issued by an authority under this part with funds owned or controlled by the purchase…

11-68-504. Those executing bonds not personally liable -- Limitation of obligations under bonds -- Negotiability. (1) A member of the board or other person executing an authority bond is not liable personally on the bond. (2) A bond issued by the authority is not an obligation or…

11-68-505. Obligee rights -- Board may confer other rights. (1) In addition to all other rights that are conferred on an obligee of a bond issued by the authority under this part and subject to contractual restrictions binding on the obligee, an obligee may: by mandamus, suit, ac…

11-68-506. Bonds exempt from taxes -- Authority may purchase its own bonds. (1) A bond issued by the authority under this part is issued for an essential public and governmental purpose and is, together with interest on the bond and income from the bond, exempt from all state tax…

11-68-601. Financial reports -- Audit -- Crime insurance. (1) The authority shall, following the close of each fiscal year, submit an annual report of the authority's activities for the preceding year to the governor and the Legislature. The report shall contain: a complete opera…