Utah § 17B-2a-607 Contracts with other corporations.

Utah Statutes

§ 17B-2a-607 — Contracts with other corporations.

Utah § 17B-2a-607

Title 17BLimited Purpose Local Government Entities - Special Districts

Ch. 17B-2aProvisions Applicable to Different Types of Special Districts

Part 17B-2a-6Metropolitan Water District Act

This text of Utah § 17B-2a-607 (Contracts with other corporations.) 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. § 17B-2a-607 (2026).

Text

(1)A metropolitan water district may:

(1)(a) contract with one or more corporations, public or private, for the purpose of:

(1)(a)(i) financing acquisitions, constructions, or operations of the district; or

(1)(a)(ii) carrying out any of the district's powers;

(1)(b) in a contract under Subsection (1)(a), obligate itself severally or jointly with the other corporation or corporations; and

(1)(c) secure, guarantee, or become surety for the payment of an indebtedness or the performance of a contract or other obligation incurred or entered into by a corporation whose shares of stock the district has acquired.

(2)A contract under Subsection (1)(a) may:

(2)(a) provide for:

(2)(a)(i) contributions to be made by each contracting party;

(2)(a)(ii) the division and apportionment of:

(2)(a)(ii)

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(1) A metropolitan water district may:

(1)(a) contract with one or more corporations, public or private, for the purpose of:
(1)(a)(i) financing acquisitions, constructions, or operations of the district; or
(1)(a)(ii) carrying out any of the district's powers;
(1)(b) in a contract under Subsection (1)(a), obligate itself severally or jointly with the other corporation or corporations; and
(1)(c) secure, guarantee, or become surety for the payment of an indebtedness or the performance of a contract or other obligation incurred or entered into by a corporation whose shares of stock the district has acquired.
(2) A contract under Subsection (1)(a) may:

(2)(a) provide for:
(2)(a)(i) contributions to be made by each contracting party;
(2)(a)(ii) the division and apportionment of:

(2)(a)(ii)(A) the expenses of acquisitions and operations; and
(2)(a)(ii)(B) the contractual benefits, services, and products; and
(2)(a)(iii) an agency to make acquisitions and carry on operations under the contract; and
(2)(b) contain covenants and agreements as necessary or convenient to accomplish the purposes of the contract.