The state hereby covenants with the owners of any registered public obligations that it will not amend or repeal this act if the effect may be to impair the exemption from income taxation of interest on registered public obligations.
Utah Code § 15-7-14
Covenant against repeal of chapter
Known as the Registered Public Obligations Act
The act spans §§ 15–15 (14 sections).
Enacted by Chapter 62, 1983 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.