Utah § 17D-2-507 Required provision in device securing payment of bonds.

Utah Statutes

§ 17D-2-507 — Required provision in device securing payment of bonds.

Utah § 17D-2-507

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-2-507 (Required provision in device securing payment of 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-2-507 (2026).

Text

Each mortgage, trust deed, security agreement, trust indenture, or other security device securing payment of bonds issued under this part shall provide that no deficiency judgment upon foreclosure may be entered against:

(1)the local building authority;

(2)the state; or

(3)any political subdivision of the state.

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