Utah Code Title 63H. Independent State Entities § 63H-6-202. Resolution authorizing issuance of corporation bond--Presentation to Executive Appropriations Committee--Characteristics of bond

(i) issue bonds on which the principal and interest are payable:

(ii) issue refunding bonds for the purpose of paying or retiring bonds previously issued by the corporation.

(ii) the board adopts a resolution authorizing the issuance of the corporation bond.

(i) issued in one or more series;  and

(ii) sold:

(i) bear the date provided in the resolution authorizing the issuance of the corporation bond or the trust indenture under which the corporation bond is issued;

(ii) be payable at the time provided in the resolution authorizing the issuance of the corporation bond or the trust indenture under which the corporation bond is issued;

(iii) bear interest at the rate provided in the resolution authorizing the issuance of the corporation bond or the trust indenture under which the corporation bond is issued;

(iv) be in the denomination and in the form provided in the resolution authorizing the issuance of the corporation bond or the trust indenture under which the corporation bond is issued;

(v) carry the conversion or registration privileges provided in the resolution authorizing the issuance of the corporation bond or the trust indenture under which the corporation bond is issued;

(vi) have the rank or priority described in the resolution authorizing the issuance of the corporation bond or the trust indenture under which the corporation bond is issued;

(vii) be executed in the manner described in the resolution authorizing the issuance of the corporation bond or the trust indenture under which the corporation bond is issued;

(viii) be subject to the terms of redemption or tender, with or without premium, as described in the resolution authorizing the issuance of the corporation bond or the trust indenture under which the corporation bond is issued;

(ix) be payable in the medium of payment and at the place described in the resolution authorizing the issuance of the corporation bond or the trust indenture under which the corporation bond is issued;  and

(x) have any other characteristics described in the resolution authorizing the issuance of the corporation bond or the trust indenture under which the corporation bond is issued.