Utah Statutes

§ 11-25-20 — Money received as trust funds -- Depository as trustee.

Utah § 11-25-20
JurisdictionUtah
Title 11Cities, Counties, and Local Taxing Units
Ch. 11-25Utah Residential Rehabilitation Act

This text of Utah § 11-25-20 (Money received as trust funds -- Depository as trustee.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Utah Code Ann. § 11-25-20 (2026).

Text

All money received pursuant to the provisions of this part, whether proceeds from the sale of bonds or revenues, shall be deemed to be trust funds to be held and applied solely as provided in this part. Any bank or trust company in which the money is deposited shall act as trustee of the money and shall hold and apply the same for the purposes specified in this part, subject to the terms of the resolution authorizing the bonds.

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Legislative History

Amended by Chapter 342, 2011 General Session

Nearby Sections

15
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Bluebook (online)
Utah § 11-25-20, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/11-25-20.