Utah Statutes

§ 72-2-114 — Transfer of money -- Debt service.

Utah § 72-2-114
JurisdictionUtah
Title 72Transportation Code
Ch. 72-2Transportation Finances Act
Part 72-2-1Transportation Fund and Highway Finances

This text of Utah § 72-2-114 (Transfer of money -- Debt service.) 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. § 72-2-114 (2026).

Text

(1)When there are insufficient appropriations or money available from other legal sources to pay interest on any bond anticipation notes issued under the authority of Title 63B, Chapter 6, Part 3, 1997 Highway Bond Anticipation Note Authorization, the Division of Finance shall inform the department of the amount necessary to pay that interest.
(2)After receiving notice under Subsection (1), the department shall transfer money from any available source other than the Transportation Fund to the Division of Finance for deposit into the Debt Service Fund to pay interest on bond anticipation notes issued under the authority of Title 63B, Chapter 6, Part 3, 1997 Highway Bond Anticipation Note Authorization.

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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 § 72-2-114, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/72-2-114.