(1) The commission may either: (a) (i) publish once in a newspaper having general circulation in Utah any resolution adopted by the commission; and (ii) publish, in accordance with Section 45-1-101, any resolution adopted by the commission; or (b) in lieu of publishing the entire resolution, publish a notice of bonds to be issued, titled as such, containing: (i) the purpose of the bond issue; (ii) the type of bonds and the maximum principal amount that may be issued; (iii) the maximum number of years over which the bonds may mature; (iv) the maximum interest rate that the bonds may bear, if any; (v) the maximum discount from par, expressed as a percentage of principal amount, at which the bonds may be sold; and (vi) that a copy of the resolution or other proceedings may be examined at the office of the state treasurer during regular business hours for at least 30 days after the publication of the notice.
(a) (i) publish once in a newspaper having general circulation in Utah any resolution adopted by the commission; and (ii) publish, in accordance with Section 45-1-101, any resolution adopted by the commission; or
(i) publish once in a newspaper having general circulation in Utah any resolution adopted by the commission; and
(ii) publish, in accordance with Section 45-1-101, any resolution adopted by the commission; or
(b) in lieu of publishing the entire resolution, publish a notice of bonds to be issued, titled as such, containing: (i) the purpose of the bond issue; (ii) the type of bonds and the maximum principal amount that may be issued; (iii) the maximum number of years over which the bonds may mature; (iv) the maximum interest rate that the bonds may bear, if any; (v) the maximum discount from par, expressed as a percentage of principal amount, at which the bonds may be sold; and (vi) that a copy of the resolution or other proceedings may be examined at the office of the state treasurer during regular business hours for at least 30 days after the publication of the notice.
(i) the purpose of the bond issue;
(ii) the type of bonds and the maximum principal amount that may be issued;
(iii) the maximum number of years over which the bonds may mature;
(iv) the maximum interest rate that the bonds may bear, if any;
(v) the maximum discount from par, expressed as a percentage of principal amount, at which the bonds may be sold; and
(vi) that a copy of the resolution or other proceedings may be examined at the office of the state treasurer during regular business hours for at least 30 days after the publication of the notice.
(2) For 30 days after the date of publication, any interested person may contest: (a) the legality of the resolution; (b) any of the bonds authorized under it; or (c) any of the provisions made for the repayment of the bonds.
(a) the legality of the resolution;
(b) any of the bonds authorized under it; or
(c) any of the provisions made for the repayment of the bonds.
(3) After 30 days, a person may not, for any cause, contest: (a) the legality of the resolution; (b) any of the bonds authorized under the resolution; or (c) any of the provisions made for the security and repayment of the bonds.
(a) the legality of the resolution;
(b) any of the bonds authorized under the resolution; or
(c) any of the provisions made for the security and repayment of the bonds.
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.