Utah Statutes
§ 72-11-110 — Bonds -- Negotiability -- Tax exemption except corporate franchise tax.
Utah·Title 72 Transportation Code·Ch. 72-11 Passenger Ropeway Systems Act·Part 72-11-1 General Provisions -- Funding
All bonds issued under the provisions of this chapter are negotiable instruments except when registered in the name of a registered owner and all the bonds, and the interest or income therefrom, are exempt from all taxation in the state, except for the corporate franchise tax.
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Utah § 72-11-110 (Bonds -- Negotiability -- Tax exemption except corporate franchise tax.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Renumbered and Amended by Chapter 270, 1998 General Session
Nearby Sections
15
§ 72-1-101
Title.§ 72-1-102
Definitions.§ 72-1-201
Creation of Department of Transportation -- Functions, powers, duties, rights, and responsibilities.§ 72-1-203
Deputy director -- Appointment -- Qualifications -- Other assistants and advisers -- Salaries.§ 72-1-204
Divisions enumerated -- Duties.§ 72-1-212
Special use permitting -- Rulemaking.