Utah Statutes

§ 72-11-111 — Sale of bonds.

Utah § 72-11-111
JurisdictionUtah
Title 72Transportation Code
Ch. 72-11Passenger Ropeway Systems Act
Part 72-11-1General Provisions -- Funding

This text of Utah § 72-11-111 (Sale of bonds.) 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. § 72-11-111 (2026).

Text

The committee, with the approval of the director of the Division of Finance, may fix the terms and conditions for the sale or other disposition of any authorized issuance of bonds under this chapter and may sell any of the bonds at less than the par or face value, but no bond may be sold at a price below the par or face value of the bond which would result in a sale price yielding to the purchaser an average of more than 9% per annum, payable semiannually according to standard tables of bond values.

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Legislative History

Renumbered and Amended by Chapter 270, 1998 General Session

Nearby Sections

15
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Bluebook (online)
Utah § 72-11-111, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/72-11-111.