Utah § 11-70-605 Bonds exempt from taxes -- Fairpark district may purchase its own bonds.

Utah Statutes

§ 11-70-605 — Bonds exempt from taxes -- Fairpark district may purchase its own bonds.

Utah § 11-70-605

Title 11Cities, Counties, and Local Taxing Units

Ch. 11-70Utah Fairpark Area Investment and Restoration District

Part 11-70-6Fairpark District Bonds

This text of Utah § 11-70-605 (Bonds exempt from taxes -- Fairpark district may purchase its own 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. § 11-70-605 (2026).

Text

(1)A bond issued by the fairpark district under this part is issued for an essential public and governmental purpose and is, together with interest on the bond and income from it, exempt from all state taxes except the corporate franchise tax.

(2)The fairpark district may purchase its own bonds at a price that its board determines.

(3)Nothing in this section limits the right of an obligee to pursue a remedy for the enforcement of a pledge or lien given under this part by the fairpark district on its rents, fees, grants, properties, or revenues.

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

(1) A bond issued by the fairpark district under this part is issued for an essential public and governmental purpose and is, together with interest on the bond and income from it, exempt from all state taxes except the corporate franchise tax.
(2) The fairpark district may purchase its own bonds at a price that its board determines.
(3) Nothing in this section limits the right of an obligee to pursue a remedy for the enforcement of a pledge or lien given under this part by the fairpark district on its rents, fees, grants, properties, or revenues.