Utah Statutes
§ 63B-1-310 — Proceeds from sale of obligations -- Use.
Utah § 63B-1-310
JurisdictionUtah
Title 63BBonds
Ch. 63B-1General Provisions
Part 63B-1-3State Building Ownership Authority Act
This text of Utah § 63B-1-310 (Proceeds from sale of obligations -- Use.) 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. § 63B-1-310 (2026).
Text
(1)The proceeds from the sale of obligations issued under this part may be applied only for the purposes for which the obligations were issued.
(2)Any accrued interest and premium received upon the sale, and any portion of the proceeds that may not be needed for the purposes for which the obligations were issued, shall be applied to the payment of the principal of, or the interest on, the obligations.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Renumbered and Amended by Chapter 86, 2003 General Session
Nearby Sections
15
§ 63B-1-101
Definitions.§ 63B-1-201
Members -- Powers and duties -- Per diem.§ 63B-1-301
Title.§ 63B-1-302
Legislative findings.§ 63B-1-303
Definitions.§ 63B-1-305
Powers and duties of authority.§ 63B-1-309
Securing of obligations -- Provisions in mortgages given as security -- Procedure upon default.§ 63B-1-310
Proceeds from sale of obligations -- Use.§ 63B-1-311
Cost of acquiring or constructing facility.Cite This Page — Counsel Stack
Bluebook (online)
Utah § 63B-1-310, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/63B-1-310.