Utah Statutes
§ 72-2-205 — Loan contracts of state agencies.
Utah § 72-2-205
JurisdictionUtah
Title 72Transportation Code
Ch. 72-2Transportation Finances Act
Part 72-2-2State Infrastructure Bank Fund
This text of Utah § 72-2-205 (Loan contracts of state agencies.) 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. § 72-2-205 (2026).
Text
(1)(1)(a) Notwithstanding Sections 53H-9-314 and 63A-1-112, a state agency may obtain an infrastructure loan.
(1)(b) A state agency may contract to repay an infrastructure loan from the money which is appropriated to the agency and may pledge all or any portion of the money to repay the loan.
(1)(c) A state agency's infrastructure loan may not constitute a debt of the state or lending the credit of the state within the meaning of any constitutional or statutory limitation.
(2)The terms of an infrastructure loan contract shall bind the state and a state agency, and the state agency shall unconditionally repay the loan from the money the agency has pledged under the terms of the loan contract.
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Legislative History
Amended by Chapter 9, 2025 Special Session 1
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.Cite This Page — Counsel Stack
Bluebook (online)
Utah § 72-2-205, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/72-2-205.