Section 301 – Revenue bond authorizations.
Effective 6/1/2022 63B-10-301. Revenue bond authorizations. (1) (a) It is the intent of the Legislature that the State Building Ownership Authority, under the authority of Title 63B, Chapter 1, Part 3, State Building Ownership Authority Act, may issue or execute obligations, or enter into or arrange for a lease purchase agreement in which participation interests […]
Section 302 – Other revenue bond authorizations.
Effective 7/1/2021 63B-10-302. Other revenue bond authorizations. (1) It is the intent of the Legislature that the State Building Ownership Authority, under the authority of Title 63B, Chapter 1, Part 3, State Building Ownership Authority Act, may issue or execute obligations to provide up to $12,000,000 for the construction of a 36-hole golf course at […]
Section 401 – Other capital facility authorizations and intent language.
63B-10-401. Other capital facility authorizations and intent language. (1) It is the intent of the Legislature that: (a) Utah State University use institutional funds to plan, design, and construct an expansion of the HPER Building under the direction of the director of the Division of Facilities Construction and Management unless supervisory authority has been delegated; […]
Section 203 – Purchase and redemption requirements.
63B-10-203. Purchase and redemption requirements. (1) The notes and renewals of notes may provide the holders of the notes or renewals of notes with the right to require the state or other persons to purchase or redeem the notes or renewal notes before the stated maturity of the notes or renewals. (2) Notwithstanding Subsection (1), […]
Section 204 – General provisions — Funds and accounts.
63B-10-204. General provisions — Funds and accounts. (1) (a) Sections 63B-10-105, 63B-10-106, 63B-10-113, 63B-10-114, 63B-10-115, and 63B-10-116 apply to any notes or renewals of notes issued under this part. (b) (i) For purposes of this part, any action that those sections require or permit the commission to take shall be considered sufficient if taken by […]
Section 202 – Authorization, terms, and procedures.
63B-10-202. Authorization, terms, and procedures. (1) The state treasurer may, by written order, issue bond anticipation notes and renewals of bond anticipation notes, including, but not limited to, flexible notes and short-term series notes, in the form and with the terms that he determines. (2) The state treasurer may: (a) enter into whatever agreements with […]
Section 103 – Bond proceeds may be used to pay costs of issuance and sale.
63B-10-103. Bond proceeds may be used to pay costs of issuance and sale. The proceeds of bonds issued under this chapter shall be used for the purposes described in Section 63B-10-102 and to pay all or part of any cost incident to the issuance and sale of the bonds including, without limitation, printing, registration and […]