Utah § 11-58-901 Dissolution of port authority -- Restrictions -- Notice of dissolution -- Disposition of port authority property -- Port authority records -- Dissolution expenses.

Utah Statutes

§ 11-58-901 — Dissolution of port authority -- Restrictions -- Notice of dissolution -- Disposition of port authority property -- Port authority records -- Dissolution expenses.

Utah·Title 11 Cities, Counties, and Local Taxing Units·Ch. 11-58 Utah Inland Port Authority Act·Part 11-58-9 Port Authority Dissolution

(1)The authority may not be dissolved unless the authority has no outstanding bonded indebtedness, other unpaid loans, indebtedness, or advances, and no legally binding contractual obligations with persons or entities other than the state.

(2)Upon the dissolution of the authority:

(2)(a) the Governor's Office of Economic Opportunity shall publish a notice of dissolution:

(2)(a)(i) for the county in which the dissolved authority is located, as a class A notice under Section 63G-30-102, for at least seven days; and

(2)(a)(ii) as required in Section 45-1-101; and

(2)(b) all title to property owned by the authority vests in the state.

(3)The books, documents, records, papers, and seal of each dissolved authority shall be deposited for safekeeping and reference with the state auditor.

(4)T

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

(1) The authority may not be dissolved unless the authority has no outstanding bonded indebtedness, other unpaid loans, indebtedness, or advances, and no legally binding contractual obligations with persons or entities other than the state.
(2) Upon the dissolution of the authority:

(2)(a) the Governor's Office of Economic Opportunity shall publish a notice of dissolution:
(2)(a)(i) for the county in which the dissolved authority is located, as a class A notice under Section 63G-30-102, for at least seven days; and
(2)(a)(ii) as required in Section 45-1-101; and
(2)(b) all title to property owned by the authority vests in the state.
(3) The books, documents, records, papers, and seal of each dissolved authority shall be deposited for safekeeping and reference with the state auditor.
(4) The authority shall pay all expenses of the deactivation and dissolution.

Utah § 11-58-901 (Dissolution of port authority -- Restrictions -- Notice of dissolution -- Disposition of port authority property -- Port authority records -- Dissolution expenses.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.