Section 401 – Highway bonds — Maximum amount — Use of proceeds for highway projects.

Effective 7/1/2021 63B-18-401. Highway bonds — Maximum amount — Use of proceeds for highway projects. (1) (a) The total amount of bonds issued under this section may not exceed $2,077,000,000. (b) When the Department of Transportation certifies to the commission that the requirements of Subsection 72-2-124(7) have been met and certifies the amount of bond […]

Section 402 – Highway bonds — Maximum amount — Projects authorized.

63B-18-402. Highway bonds — Maximum amount — Projects authorized. (1) (a) The total amount of bonds issued under this section may not exceed $39,895,000. (b) When the Department of Transportation certifies to the commission the amount of bond proceeds that it needs to provide funding for the highway construction projects described in Subsection (2), the […]