A special service district bond, note, or other obligation or indebtedness, whether or not payable from taxes, may not be:

(1)  considered to be a bond, note, or other obligation or indebtedness of or to be enforceable against the state or a county, municipality, school district, or other political subdivision of the state; or

Terms Used In Utah Code 17D-1-508

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Special service district: means a limited purpose local government entity, as described in Section 17D-1-103, that:
(a) is created under authority of the Utah Constitution Article XI, Section 7; and
(b) operates under, is subject to, and has the powers set forth in this chapter. See Utah Code 17D-1-102
  • State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
    • (2)  taken into account in calculating a debt limit applicable to the state or a county, municipality, school district, or other political subdivision of the state.

    Enacted by Chapter 360, 2008 General Session

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