All refunding bonds, and interest accruing on them, shall be exempt from all taxation in this state, except for the corporate franchise tax.
Utah Code § 11-27-6
Bonds and interest exempt from taxation except corporate franchise tax
Known as the Utah Refunding Bond Act
The act spans §§ 11–11 (11 sections).
Amended by Chapter 61, 1984 General Session
Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.