Utah Statutes
§ 11-68-503 — Authority to purchase agency bonds.
Utah·Title 11 Cities, Counties, and Local Taxing Units·Ch. 11-68 State Fair Park Authority Act·Part 11-68-5 Authority Bonds
(1)Any person, 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 securities.
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Legislative History
Enacted by Chapter 502, 2023 General Session
Nearby Sections
15
§ 11-1-4
Sinking fund -- Investment.§ 11-1-6
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Qualifications of licensee.§ 11-10-3
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Title.§ 11-13-102
Purpose of chapter.§ 11-13-103
Definitions.