Tap any paragraph to write a margin note. Your notes collect in the Desk below the text and file under cases with @. The side-by-side margin rail opens on a larger screen.

§
Marginalia
Code · Utah · Title 11 — Cities, Counties, and Local Taxing Units · Chapter 59

11-59-606. Bonds exempt from taxes -- Authority may purchase its own bonds.

117 words·~1 min read·/ut/title-11/chapter-59/11-59-606

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Effective 5/1/2024
11-59-606. Bonds exempt from taxes -- Authority may purchase its own bonds.
(1)A bond issued by the authority under this part is issued for an essential public and governmental purpose and is, together with interest on the bond and income from it, exempt from all state taxes except the corporate franchise tax.
(2)The authority may purchase the authority's own bonds at a price that the board determines.
(3)Nothing in this section limits the right of an obligee to pursue a remedy for the enforcement of a pledge or lien given under this part by the authority on its rents, fees, grants, properties, or revenues.
Enacted by Chapter 207 , 2024 General Session
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

"If you don't know your rights, you don't have any."

Marginalia · a citizen's law index
A research desk, not legal advice. Always read the cited source before relying on a summary.
Questions or an issue? support@self-law.org
disclaimerMarginalia is a research index, not a law firm. Nothing on this site is legal, tax, or financial advice and no attorney–client relationship is formed by using it. Statutes, regulations, and case law change; summaries, search results, AI output, and member posts may be incomplete, out of date, or wrong. Any interpretation drawn from material on this site should be validated by a licensed attorney in your jurisdiction before you act on it.