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Code · Utah · Title 11 — Cities, Counties, and Local Taxing Units · Chapter 68

11-68-503. Authority to purchase agency bonds.

78 words·~1 min read·/ut/title-11/chapter-68/11-68-503

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Effective 5/3/2023
11-68-503. Authority to purchase agency bonds.
(1)Any person, firm, corporation, association, political subdivision of the state, or other entity or public or private officer may purchase bonds issued by an authority under this part with funds owned or controlled by the purchaser.
(2)Nothing in this section may be construed to relieve a purchaser of authority bonds of any duty to exercise reasonable care in selecting securities.
Enacted by Chapter 502 , 2023 General Session
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