Title 63B, Title 63B: Bonds

63B-1b-202. Custodial officer -- Powers and duties. (1) There is created within the Division of Finance an officer responsible for the care, custody, safekeeping, collection, and accounting of all bonds, notes, contracts, trust documents, and other evidences of indebtedness: owne…

63B-1b-301. State treasurer may sell, assign, or liquidate agency bonds -- Marketing plan required. (1) One or more authorizing agencies may from time to time request the state treasurer to sell, assign, or liquidate agency bonds on behalf of the authorizing agencies as provided …

63B-1b-302. Marketing plan and related agreements -- Use of proceeds of liquidation of agency bonds -- Report to Division of Finance -- Special funds -- Limitation on liability. (1) Before the liquidation of any agency bonds pursuant to the request of an authorizing agency as pro…

63B-1b-401. Pledge of agency bonds to pay revenue bonds -- Contents of financing agreements -- Use of money received by authorizing agencies. (1) Subject to the requirements of this chapter, and with the approval of the relevant authorizing agency, the State Bonding Commission ma…

63B-1b-402. Commission may authorize revenue bonds -- Contents of bond document -- Special and reserve funds -- Limitation on liability -- Restoration of money in reserve funds -- Payment of bonds and other technical requirements -- Refunding -- Report to Division of Finance. (1)…

63B-1b-501. Tax status -- Exemption. The revenue bonds issued under this chapter, any interest paid on the revenue bonds, and any income from the bonds is not taxable in Utah for any purpose, except for the corporate franchise tax.

63B-1b-601. Publication of resolution or notice -- Limitation on actions to contest legality. (1) The commission may either: publish once in a newspaper having general circulation in Utah any resolution adopted by it; or in lieu of publishing the entire resolution, publish a noti…

63B-1b-701. Payment of expenses. (1) All expenses incurred by the state under this chapter may be paid: in the case of expenses incurred under Section, from the proceeds of the liquidation of agency bonds; and 63B-1b-302 in the case of expenses incurred under Section, from the pr…