There is a newer version of the Utah Code
2011 Utah Code
Title 17D Limited Purpose Local Government Entities - Other Entities
Chapter 2 Local Building Authority Act
Section 201 Creating a local building authority -- Articles of incorporation and bylaws -- Changing a local building authority.
17D-2-201. Creating a local building authority -- Articles of incorporation and bylaws -- Changing a local building authority.(1) The governing body of a local entity may create a local building authority by following the procedures in Title 16, Chapter 6a, Utah Revised Nonprofit Corporation Act, for the incorporation of a nonprofit corporation.
(2) The creating local entity's governing body shall approve:
(a) the local building authority's articles of incorporation before they are filed with the Division of Corporations and Commercial Code; and
(b) the local building authority's bylaws.
(3) The creating local entity's governing body may, in its sole discretion and at any time, change the local building authority's structure, organization, programs, or activities, subject to:
(a) this chapter; and
(b) the rights of:
(i) holders of the local building authority's bonds; and
(ii) parties to other obligations of the local building authority.
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