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  8. Chapter 10d - Utah Privatization Act


Chapter 10d - Utah Privatization Act


  • Section 1 - Public policy.
  • Section 2 - Citation of chapter.
  • Section 3 - Definitions.
  • Section 4 - Notice of intention to enter privatization project -- Petition for election -- Election procedures -- Powers of political subdivision -- Public bidding laws not to apply.
  • Section 5 - Bond issues -- Debt not authorized -- Project not a public utility -- Financing as an industrial facility.
  • Section 6 - Contents of agreements and reports required where bonds are issued that mature more than 10 years after project begins operation.
  • Section 7 - Agreements by political subdivisions for privatization projects -- Joint interests.
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