17B-1-1104. Pledge of revenues to pay for bonds.
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/ut/title-17b/chapter-1/17b-1-1104A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 2/27/2023
17B-1-1104. Pledge of revenues to pay for bonds.
Bonds may be payable from and secured by the pledge of all or any specified part of:
(1)the revenues to be derived by the special district from providing its services and from the operation of its facilities and other properties;
(2)sales and use taxes, property taxes, and other taxes;
(3)federal, state, or local grants;
(4)in the case of special assessment bonds, the special assessments pledged to repay the special assessment bonds; and
(5)other money legally available to the district.
Amended by Chapter 15 , 2023 General Session