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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) The governing body of any local political subdivision that wishes to issue bonds under the authority granted in Section 11-14-103 shall:
(a) at least 75 days before the date of election:
(i) approve a resolution submitting the question of the issuance of the bonds to the voters of the local political subdivision; and
(ii) provide a copy of the resolution to:
(A) the lieutenant governor; and
(B) the election officer, as defined in Section 20A-1-102, charged with conducting the election; and
(b) comply with the requirements of Title 59, Chapter 1, Part 16, Transparency of Ballot Propositions Act.
(2) The local political subdivision may not issue the bonds unless the majority of the qualified voters of the local political subdivision who vote on the bond proposition approve the issuance of the bonds.
(3) Nothing in this section requires an election for the issuance of:
(a) refunding bonds; or
(b) other bonds not required by law to be voted on at an election.
(4) The resolution calling the election shall include a ballot proposition, in substantially final form, that complies with the requirements of Subsection 11-14-206(2).
Cite this article: FindLaw.com - Utah Code Title 11. Cities, Counties, and Local Taxing Units § 11-14-201. Election on bond issues--Qualified electors--Resolution and notice - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-11-cities-counties-and-local-taxing-units/ut-code-sect-11-14-201/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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