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 §§ 11-27-1 to 11-27-9 (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.