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Utah Code § 17D-1-504

Pledge of revenues to pay for bonds

Enacted by Chapter 360, 2008 General Session

Bonds may be payable from and secured by the pledge of all or any specified part of:

(1) the revenues to be derived by the special service district from providing its services and from the operation of its facilities and other properties;

(2) sales and use taxes, property taxes, and other taxes;

(3) federal, state, or local grants;

(4) in the case of special assessment bonds, the special assessments pledged to repay the special assessment bonds; and

(5) other money legally available to the special service district.

Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.