View Our Newest Version Here

2011 Utah Code
Title 11 Cities, Counties, and Local Taxing Units
Chapter 42 Assessment Area Act
Section 603 Sources of payment for interim warrants and bond anticipation notes.

11-42-603. Sources of payment for interim warrants and bond anticipation notes.
Each local entity that has issued interim warrants or bond anticipation notes shall pay the warrants or notes from:
(1) proceeds from the sale of assessment bonds;
(2) cash the local entity receives from the payment for improvements;
(3) assessments;
(4) improvement revenues that are not pledged to the payment of assessment bonds;
(5) proceeds from the sale of interim warrants or bond anticipation notes; or
(6) the local entity's guaranty fund or, if applicable, the reserve fund.

Disclaimer: These codes may not be the most recent version. Utah may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.