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Utah Code Title 63B. Bonds § 63B-6-404. Manner of issuance--Amounts, interest, and maturity

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(1) Bonds issued under this chapter may be authorized, sold, and issued at times and in a manner determined by the commission by resolution.

(2) Bonds may be issued in one or more series, in amounts, and shall bear dates, interest rate or rates, including a variable rate, and maturity dates as the commission determines by resolution.

(3) A bond issued may not mature later than 20 years after the date of final passage of this chapter.

Cite this article: FindLaw.com - Utah Code Title 63B. Bonds § 63B-6-404. Manner of issuance--Amounts, interest, and maturity - last updated May 05, 2022 | https://codes.findlaw.com/ut/title-63b-bonds/ut-code-sect-63b-6-404/


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