53G-4-607. Bonds a lien on property — Levy of tax to pay bonds.
| (1) |
Bonds issued under this part are a lien upon the taxable property of the school district issuing them. |
Terms Used In Utah Code 53G-4-607
- County legislative body: means :Utah Code 68-3-12.5
- Lien: A claim against real or personal property in satisfaction of a debt.
- Property: includes both real and personal property. See Utah Code 68-3-12.5
| (2) |
If the local school board neglects or refuses to cause a tax to be levied in accordance with law to meet the outstanding bonds or the interest on the bonds, the county legislative body of the county in which the district is located shall levy the tax and apply the money collected to the payment of the bonds and the interest. |
Renumbered and Amended by Chapter 3, 2018 General Session
