Utah Statutes
§ 73-11-4 — School and Institutional Trust Lands Administration to vote stock of consolidated district.
Utah·Title 73 Water and Irrigation·Ch. 73-11 Consolidation of Water Companies and Conservation Districts
In the event it is necessary for the consolidated corporation to borrow money for consolidation expenses, repairs, improvements, and operation, and to pay the indebtedness of the Price River water conservation district or any of the constituent companies, and to pledge or mortgage all or any part of the assets and properties of the consolidated corporation as security therefor, the School and Institutional Trust Lands Administration is authorized to vote the stock of the state in favor of the action, providing it considers the action to be in the best interest of all the constituent parties.
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Utah § 73-11-4 (School and Institutional Trust Lands Administration to vote stock of consolidated district.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Chapter 299, 1995 General Session
Nearby Sections
15
§ 73-1-12
Failure to record -- Effect.§ 73-1-14
Acts against water facilities or interfering with apportioning official -- Penalty and liability.§ 73-1-16
Petition for hearing to determine validity -- Notice -- Service -- Pleading -- Costs -- Review.§ 73-1-18
Bonds issued -- Interest -- Lien.§ 73-1-21
State water policy.