Utah § 11-59-603 Purchase of authority bonds.

Utah Statutes

§ 11-59-603 — Purchase of authority bonds.

Utah § 11-59-603

Title 11Cities, Counties, and Local Taxing Units

Ch. 11-59Point of the Mountain State Land Authority Act

Part 11-59-6Authority Bonds

This text of Utah § 11-59-603 (Purchase of authority bonds.) 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. § 11-59-603 (2026).

Text

(1)Any individual, 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 purchaser.

(2)Nothing in this section may be construed to relieve a purchaser of authority bonds of any duty to exercise reasonable care in selecting and purchasing securities.

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(1) Any individual, 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 purchaser.
(2) Nothing in this section may be construed to relieve a purchaser of authority bonds of any duty to exercise reasonable care in selecting and purchasing securities.