Utah Statutes

§ 11-42-603 — Sources of payment for interim warrants and bond anticipation notes.

Utah·Title 11 Cities, Counties, and Local Taxing Units·Ch. 11-42 Assessment Area Act·Part 11-42-6 Interim Warrants, Bond Anticipation Notes, Assessment Bonds, and Refunding Assessment Bonds

Each local entity that has issued interim warrants or bond anticipation notes shall pay the warrants or notes from:

(1)proceeds from the sale of assessment bonds;
(2)cash the local entity receives from the payment for improvements;
(3)assessments;
(4)improvement revenues that are not pledged to the payment of assessment bonds;
(5)proceeds from the sale of interim warrants or bond anticipation notes; or
(6)the local entity's guaranty fund or, if applicable, the reserve fund.

Free access — add to your briefcase to read the full text and ask questions with AI

Utah § 11-42-603 (Sources of payment for interim warrants and bond anticipation notes.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Chapter 246, 2009 General Session

Nearby Sections

15
View on official source ↗