Utah Statutes
§ 53G-4-606 — Sinking fund -- Investment.
Utah § 53G-4-606
JurisdictionUtah
Title 53GPublic Education System -- Local Administration
Ch. 53G-4School Districts
Part 53G-4-6School District Indebtedness
This text of Utah § 53G-4-606 (Sinking fund -- Investment.) 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. § 53G-4-606 (2026).
Text
(1)The money levied and collected to create a sinking fund for the redemption of bonds issued by a local school board shall be immediately credited to a special fund.
(2)After retaining an amount sufficient to pay the principal of the bonds maturing during the year, the local school board shall invest the fund and any surplus as provided under Title 51, Chapter 7, State Money Management Act.
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Legislative History
Amended by Chapter 293, 2019 General Session
Nearby Sections
15
§ 53G-1-101
Title.§ 53G-1-102
Public education code definitions.§ 53G-1-103
Definitions.§ 53G-10-101
Title.§ 53G-10-102
Definitions.§ 53G-10-103
Sensitive instructional materials.§ 53G-10-201
Definitions.§ 53G-10-203
Expressions of belief -- Discretionary time.§ 53G-10-204
Civic and character education -- Definitions -- Legislative finding -- Elements -- Reporting requirements.§ 53G-10-205
Waivers of participation.§ 53G-10-206
Educational freedom.§ 53G-10-207
Personal privacy for employee.§ 53G-10-301
Definitions.Cite This Page — Counsel Stack
Bluebook (online)
Utah § 53G-4-606, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/53G-4-606.