Utah Statutes
§ 53G-5-609 — Limitation on participation in Charter School Credit Enhancement Program.
Utah·Title 53G Public Education System -- Local Administration·Ch. 53G-5 Charter Schools·Part 53G-5-6 Charter School Credit Enhancement Program
(1)In accordance with Subsection (2), on or before January 1 of each year, the authority shall determine the credit enhancement program's bond issuance limitation.
(2)The authority may not issue bonds for a qualifying charter school under the credit enhancement program if the total par amount outstanding under the program would exceed an amount equal to the product of:
(2)(a) 2.0;
(2)(b) an amount equal to the quotient of:
(2)(b)(i) annual charter school enrollment; divided by
(2)(b)(ii) annual state enrollment; and
(2)(c) the total par amount then outstanding under the school bond guarantee program established in Chapter 4, Part 8, School District Bond Guaranty.
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Utah § 53G-5-609 (Limitation on participation in Charter School Credit Enhancement Program.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Chapter 369, 2025 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.