There Is a Newer Version of the Utah Code
2011 Utah Code
Title 72 Transportation Code
Chapter 11 Passenger Ropeway Systems Act
Section 110 Bonds -- Negotiability -- Tax exemption except corporate franchise tax.
72-11-110. Bonds -- Negotiability -- Tax exemption except corporate franchise tax.All bonds issued under the provisions of this chapter are negotiable instruments except when registered in the name of a registered owner and all the bonds, and the interest or income therefrom, are exempt from all taxation in the state, except for the corporate franchise tax.
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