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Code · Utah · Title 17B — Limited Purpose Local Government Entities - Special Districts · Chapter 1

17B-1-636. Special assessments -- Application of proceeds.

78 words·~1 min read·/ut/title-17b/chapter-1/17b-1-636

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17B-1-636. Special assessments -- Application of proceeds.
All money received by the treasurer on any special assessment shall be applied to the payment of the improvement for which the assessment was made. The money shall be used for the payment of interest and principal on bonds or other indebtedness issued in settlement, and may not be used for any other purpose except as provided in Section 17B-1-625 .
Renumbered and Amended by Chapter 329 , 2007 General Session
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