Utah § 17D-2-501 Provisions applicable to issuance of local building authority bonds.

Utah Statutes

§ 17D-2-501 — Provisions applicable to issuance of local building authority bonds.

Utah § 17D-2-501

Title 17DLimited Purpose Local Government Entities - Other Entities

Ch. 17D-2Local Building Authority Act

Part 17D-2-5Local Building Authority Bonds

This text of Utah § 17D-2-501 (Provisions applicable to issuance of local building 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. § 17D-2-501 (2026).

Text

(1)Except as otherwise provided in this chapter:

(1)(a) each local building authority that issues bonds shall:

(1)(a)(i) issue them as provided in Title 11, Chapter 14, Local Government Bonding Act, except Section 11-14-306; and

(1)(a)(ii) receive the benefits of Title 11, Chapter 30, Utah Bond Validation Act;

(1)(b) bonds issued by a local building authority are governed by and subject to Title 11, Chapter 14, Local Government Bonding Act, except Sections 11-14-306 and 11-14-403; and

(1)(c) each local building authority that issues refunding bonds shall issue them as provided in Title 11, Chapter 27, Utah Refunding Bond Act.

(2)A local building authority that issues a lease revenue bond on or after May 1, 2024 shall comply with the same requirements and is subject to the same limitation

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(1) Except as otherwise provided in this chapter:
(1)(a) each local building authority that issues bonds shall:
(1)(a)(i) issue them as provided in Title 11, Chapter 14, Local Government Bonding Act, except Section 11-14-306; and
(1)(a)(ii) receive the benefits of Title 11, Chapter 30, Utah Bond Validation Act;
(1)(b) bonds issued by a local building authority are governed by and subject to Title 11, Chapter 14, Local Government Bonding Act, except Sections 11-14-306 and 11-14-403; and
(1)(c) each local building authority that issues refunding bonds shall issue them as provided in Title 11, Chapter 27, Utah Refunding Bond Act.
(2) A local building authority that issues a lease revenue bond on or after May 1, 2024 shall comply with the same requirements and is subject to the same limitations under Subsection 11-14-103(6) that apply to the issuance of a lease revenue bond by a local political subdivision, as defined in Section 11-14-102.