Utah Statutes

§ 73-1-18 — Bonds issued -- Interest -- Lien.

Utah § 73-1-18
JurisdictionUtah
Title 73Water and Irrigation
Ch. 73-1General Provisions

This text of Utah § 73-1-18 (Bonds issued -- Interest -- Lien.) 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. § 73-1-18 (2026).

Text

The money so borrowed shall be evidenced by the bond or bonds or other obligations of the irrigation companies, drainage districts, or irrigation districts borrowing the same and shall constitute and be secured by a first lien on the water rights, canal rights and all assets of the irrigation companies, and on all lands within the exterior boundaries of drainage districts, and on all lands and/or water allotted to lands within the exterior boundaries of the irrigation districts, and shall bear such rate of interest and mature at such time or times as the contracting parties may agree upon.

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Legislative History

No Change Since 1953

Nearby Sections

15
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Bluebook (online)
Utah § 73-1-18, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/73-1-18.