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UTAH STATUTES AND CODES
53A-18-103 - Consolidated school district bonds.
53A-18-103. 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 toconsolidation and assumed by the consolidated school district.
(2) The legality, regularity, and validity of the outstanding indebtedness shall bedetermined in the same manner used to determine the validity of other bonds to be refunded bythe board.
(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 toconsolidation and assumed by the consolidated school district.
(2) The legality, regularity, and validity of the outstanding indebtedness shall bedetermined in the same manner used to determine the validity of other bonds to be refunded bythe board.
Enacted by Chapter 2, 1988 General Session
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