Utah § 63B-1-316 Obligations as legal investments -- Deposit of obligations.

Utah Statutes

§ 63B-1-316 — Obligations as legal investments -- Deposit of obligations.

Utah § 63B-1-316

Title 63BBonds

Ch. 63B-1General Provisions

Part 63B-1-3State Building Ownership Authority Act

This text of Utah § 63B-1-316 (Obligations as legal investments -- Deposit of 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. § 63B-1-316 (2026).

Text

(1)The obligations issued under this part are securities in which all persons and organizations authorized to invest in any obligations of this state may properly and legally invest any funds, including capital belonging to them or within their control.

(2)These obligations are also declared to be securities that may properly and legally be deposited with, and received by, any state, county, or municipal officer, or agency of the state for any purpose for which the deposit of any obligations of the state is authorized by law.

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(1) The obligations issued under this part are securities in which all persons and organizations authorized to invest in any obligations of this state may properly and legally invest any funds, including capital belonging to them or within their control.
(2) These obligations are also declared to be securities that may properly and legally be deposited with, and received by, any state, county, or municipal officer, or agency of the state for any purpose for which the deposit of any obligations of the state is authorized by law.