Utah Code 53G-4-604. Consolidated school district bonds
Current as of: 2023 | Check for updates
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53G-4-604. Consolidated school district bonds.
| (1) | A consolidated county school district may issue bonds, without an election, to fund, purchase, or redeem the district’s outstanding indebtedness if the debt was incurred prior to consolidation and assumed by the consolidated school district. |
| (2) | The legality, regularity, and validity of the outstanding indebtedness shall be determined in the same manner used to determine the validity of other bonds to be refunded by the local school board. |
Amended by Chapter 293, 2019 General Session