Definitions.

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  • (1) "Agency bonds" means any bond, note, contract, or other evidence of indebtedness representing loans or grants made by an authorizing agency.
  • (2) "Authorized official" means the state treasurer or other person authorized by a bond document to perform the required action.
  • (3) "Authorizing agency" means the board, person, or unit with legal responsibility for administering and managing revolving loan funds.
  • (4) "Bond document" means:
    • (a) a resolution of the commission; or
    • (b) an indenture or other similar document authorized by the commission that authorizes and secures outstanding revenue bonds from time to time.
  • (5) "Commission" means the State Bonding Commission, created in Section 63B-1-201.
  • (6) "Revenue bonds" means any special fund revenue bonds issued under this chapter.
  • (7) "Revolving Loan Funds" means:
    • (a) the Water Resources Conservation and Development Fund, created in Section 73-10-24;
    • (b) the Water Resources Construction Fund, created in Section 73-10-8;
    • (c) the Water Resources Cities Water Loan Fund, created in Section 73-10-22;
    • (d) the Clean Fuel Conversion Funds, created in Title 19, Chapter 1, Part 4, Clean Fuels and Vehicle Technology Program Act;
    • (e) the Water Development Security Fund and its subaccounts, created in Section 73-10c-5;
    • (f) the Agriculture Resource Development Fund, created in Section 4-18-106;
    • (g) the Utah Rural Rehabilitation Fund, created in Section 4-19-105;
    • (h) the Permanent Community Impact Fund, created in Section 35A-8-303;
    • (i) the Petroleum Storage Tank Trust Fund, created in Section 19-6-409; and
    • (j) the State Infrastructure Bank Fund, created in Section 72-2-202.




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