Utah § 53G-5-604 Limited obligations.

Utah Statutes

§ 53G-5-604 — Limited obligations.

Utah § 53G-5-604

Title 53GPublic Education System -- Local Administration

Ch. 53G-5Charter Schools

Part 53G-5-6Charter School Credit Enhancement Program

This text of Utah § 53G-5-604 (Limited obligations.) 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-5-604 (2026).

Text

Except as provided in Section 53G-5-607, 53G-5-608, or 53G-5-609, bonds, notes, and other obligations issued by the authority:

(1)do not constitute a debt, moral obligation, or liability of the state, or of any county, city, town, school district, or any other political subdivision of the state;

(2)do not constitute the loan of credit of the state or of any county, city, town, school district, or any other political subdivision of the state; and

(3)may not be paid from funds other than loan payments or lease revenues received from a charter school or other funds pledged by a charter school.

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

Except as provided in Section 53G-5-607, 53G-5-608, or 53G-5-609, bonds, notes, and other obligations issued by the authority:
(1) do not constitute a debt, moral obligation, or liability of the state, or of any county, city, town, school district, or any other political subdivision of the state;
(2) do not constitute the loan of credit of the state or of any county, city, town, school district, or any other political subdivision of the state; and
(3) may not be paid from funds other than loan payments or lease revenues received from a charter school or other funds pledged by a charter school.