Utah Statutes
§ 63B-1-315 — Tax exemption.
Utah § 63B-1-315
JurisdictionUtah
Title 63BBonds
Ch. 63B-1General Provisions
Part 63B-1-3State Building Ownership Authority Act
This text of Utah § 63B-1-315 (Tax exemption.) 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-1-315 (2026).
Text
(1)All property acquired or held by the authority under this part is declared to be public property used for essential public and governmental purposes.
(2)All property and income from it, and all obligations issued under this part, the interest payable on them, and income derived from them, are exempt from all taxation imposed by this state or any of its political subdivisions, except for the corporate franchise tax.
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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-1-315, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/63B-1-315.