Revenue Bonds

  1. Law
  2. Utah Code
  3. State System of Higher Education
  4. Revenue Bonds

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Section
101

Financing of projects or buildings -- Issuance of bonds -- Sale price determined by board -- Payment of bonds -- Bonds exempt from income taxation.

Section
102

Bonds do not create state indebtedness -- Special obligations -- Discharge of bonded indebtedness -- Agreements and covenants by the board regarding bonds -- Enforcement by court action.

Section
103

Agreements with federal government for funds.

Section
104

Deposit of bond proceeds -- State Building Board responsibilities -- Approval of Division of Facilities Construction and Management.

Section
105

Disposition and use of income from operation of buildings -- Payment of principal and interest on bonds.

Section
106

Examination and certification of bonds by attorney general -- Recital of certification -- Incontestability of bonds.

Section
107

Investment in bonds by private and public entities -- Approval as collateral security.

Section
108

Financing project by contract or lease agreement instead of by bond issue -- Authority of board -- Term of lease -- Terms of agreement -- Board covenants.

Section
109

Student building fees.

Section
110

Refunding bonds -- Issuance -- Proceeds -- Limitations.

Section
111

Authorized loans for acquisition, construction, furnishing, and equipping of projects -- Evidence of indebtedness -- Provisions -- Agreements with lending institutions -- Satisfaction and discharge -- Exemption from taxation.

Section
112

Financing projects and buildings -- Security instruments -- Terms.

Section
113

Limitation on issuance of bonds.