Utah Statutes
§ 53G-5-608 — Bond issuance.
Utah·Title 53G Public Education System -- Local Administration·Ch. 53G-5 Charter Schools·Part 53G-5-6 Charter School Credit Enhancement Program
(1)(1)(a) The state may not alter, impair, or limit the rights of bondholders or persons contracting with a qualifying charter school until the bonds, including interest and other contractual obligations, are fully met and discharged.
(1)(b) Nothing in this part precludes an alteration, impairment, or limitation if provision is made by law for the protection of bondholders or persons entering into contracts with a qualifying charter school.
(2)The authority may require a qualifying charter school to vest in the authority the right to enforce any covenant made to secure bonds issued under the credit enhancement program by making appropriate provisions in the indenture related to the qualifying charter school's bonds.
(3)The authority may require a qualifying charter school to make covena
Free access — add to your briefcase to read the full text and ask questions with AI
Utah § 53G-5-608 (Bond issuance.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Renumbered and Amended by Chapter 3, 2018 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.