Utah Code 11-14-501. Creation and perfection of government security interests
Current as of: 2023 | Check for updates
|
Other versions
11-14-501. Creation and perfection of government security interests.
(1) | As used in this section:
|
(2) | This section expressly governs the creation, perfection, priority, and enforcement of a security interest created by the state or a governmental unit of the state, notwithstanding anything in Title 70A, Chapter 9a, Uniform Commercial Code – Secured Transactions, to the contrary. |
(3) |
|
(4) |
|
(5) | Any amounts appropriated or added to the tax levy to pay principal of and premium and interest on general obligation bonds:
|
(6) | This section applies to all revenues received pursuant to the levy and collection of the ad valorem tax regardless of the date on which the general obligation bonds were issued. |
(7) | This section applies to all bonds, including bonds issued before or after the effective date of this section. |
Amended by Chapter 366, 2020 General Session