Section 6 – Signatures of officers.
15-7-6. Signatures of officers. (1) Any certificated registered public obligation is valid and binding, notwithstanding the fact that any authorized officer who signed it ceased to be an authorized officer before it is issued. (2) An authorized officer may adopt as and for the signature of such officer the signature of a predecessor in office […]
Section 7 – Seals.
15-7-7. Seals. If a seal is required or permitted in the execution of a certificated registered public obligation, an authorized officer may cause a facsimile of the seal to be placed on such obligation. Use of a facsimile of the seal has the same legal effect as the impression of the seal. Enacted by Chapter […]
Section 8 – Agents of issuer.
15-7-8. Agents of issuer. (1) An issuer may appoint for such term as may be agreed, including for so long as a registered public obligation may be outstanding, corporate or other authenticating agents, transfer agents, registrars, paying or other agents and specify the terms of their appointment, including their rights, their compensation and duties, limits […]
Section 9 – Transfer costs — Agreements as to payment of costs.
15-7-9. Transfer costs — Agreements as to payment of costs. (1) An issuer, before or at original issuance of registered public obligations, may as part of a system of registration provide that the transferor or transferee of the registered public obligations pay all or a designated part of the costs of the system as a […]
Section 10 – Investment of public funds in registered obligations of public entities of other states.
15-7-10. Investment of public funds in registered obligations of public entities of other states. Obligations issued by public entities under the laws of another state, the District of Columbia, or by territories or possessions of the United States, which are in registered form, whether or not represented by an instrument, and which, except for their […]
Section 6.5 – Divorce or separate maintenance of co-obligors.
15-4-6.5. Divorce or separate maintenance of co-obligors. (1) On the entering of a decree of divorce or separate maintenance of joint debtors in contract, the claim of a creditor remains unchanged unless otherwise provided by the contract or until a new contract is entered into between the creditor and the debtors individually. (2) In addition […]
Section 6.7 – Medical and miscellaneous expenses of minor children — Collection and billing pursuant to court or administrative order of child support.
Effective 7/1/2018 15-4-6.7. Medical and miscellaneous expenses of minor children — Collection and billing pursuant to court or administrative order of child support. (1) When a court enters an order that provides for the payment of medical and dental expenses of a minor child under Section 30-3-5, 30-4-3, or 78B-12-111, or an administrative order under […]
Section 7 – Effective date of chapter.
15-4-7. Effective date of chapter. This chapter does not apply to obligations arising prior to July 1, 1929. Amended by Chapter 378, 2010 General Session
Section 2 – Time for payment by state agencies.
15-6-2. Time for payment by state agencies. (1) An agency of the state of Utah which acquires property or services pursuant to a contract with a business shall pay for each complete delivered item of property or service on the date required by contract between such business and agency or, if no date for payment […]
Section 3 – Interest on payments by state agencies.
15-6-3. Interest on payments by state agencies. (1) (a) Interest shall accrue and be charged on payments overdue under Section 15-6-2 at 2% above the rate paid by the Internal Revenue Service on refund claims. (b) This rate is established and adjusted on a quarterly basis and shall be applied on a per annum basis […]