(1) (a) The State Armory Board shall consist of the governor, the chair of the State Building Board, and the adjutant general. (b) It shall be a body corporate with perpetual succession. (c) It may have and use a common seal, and under the name aforesaid may sue and be sued, and contract and be contracted with. (d) It may take and hold by purchase, gift, devise, grant, or bequest real and personal property required for its use. (e) It may also convert property received by gift, devise, or bequest, and not suitable for its uses, into other property so available, or into money.
(a) The State Armory Board shall consist of the governor, the chair of the State Building Board, and the adjutant general.
(b) It shall be a body corporate with perpetual succession.
(c) It may have and use a common seal, and under the name aforesaid may sue and be sued, and contract and be contracted with.
(d) It may take and hold by purchase, gift, devise, grant, or bequest real and personal property required for its use.
(e) It may also convert property received by gift, devise, or bequest, and not suitable for its uses, into other property so available, or into money.
(2) The board shall have power to: (a) borrow money for the purpose of erecting arsenals and armories upon the sole credit of the real property to which it has the legal title; and (b) may secure such loans by mortgage upon such property: (i) the mortgaged property shall be the sole security for such loan; and (ii) no deficiency judgment shall be made, rendered, or entered against the board upon the foreclosure of the mortgage; provided, however, that property in one city shall not be mortgaged for the purpose of obtaining money for the erection of armories in any other place. Said board shall be deemed a public corporation, and its property shall be exempt from all taxes and assessments.
(a) borrow money for the purpose of erecting arsenals and armories upon the sole credit of the real property to which it has the legal title; and
(b) may secure such loans by mortgage upon such property: (i) the mortgaged property shall be the sole security for such loan; and (ii) no deficiency judgment shall be made, rendered, or entered against the board upon the foreclosure of the mortgage; provided, however, that property in one city shall not be mortgaged for the purpose of obtaining money for the erection of armories in any other place. Said board shall be deemed a public corporation, and its property shall be exempt from all taxes and assessments.
(i) the mortgaged property shall be the sole security for such loan; and
(ii) no deficiency judgment shall be made, rendered, or entered against the board upon the foreclosure of the mortgage; provided, however, that property in one city shall not be mortgaged for the purpose of obtaining money for the erection of armories in any other place. Said board shall be deemed a public corporation, and its property shall be exempt from all taxes and assessments.
(3) A member may not receive compensation or benefits for the member's service, but may receive per diem and travel expenses in accordance with: (a) Section 63A-3-106; (b) Section 63A-3-107; and (c) rules made by the Division of Finance pursuant to Sections 63A-3-106 and 63A-3-107.
(a) Section 63A-3-106;
(b) Section 63A-3-107; and
(c) rules made by the Division of Finance pursuant to Sections 63A-3-106 and 63A-3-107.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.