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Current as of January 01, 2025 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Utah Code Title 11. Cities, Counties, and Local Taxing Units § 11-42-603. Sources of payment for interim warrants and bond anticipation notes - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-11-cities-counties-and-local-taxing-units/ut-code-sect-11-42-603/
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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