(1) Except as otherwise provided in this chapter:
(a) each local building authority that issues bonds shall:
(i) issue them as provided in Title 11, Chapter 14, Local Government Bonding Act, except Section 11-14-306; and
(ii) receive the benefits of Title 11, Chapter 30, Utah Bond Validation Act;
(b) bonds issued by a local building authority are governed by and subject to Title 11, Chapter 14, Local Government Bonding Act, except Sections 11-14-306 and 11-14-403; and
(c) each local building authority that issues refunding bonds shall issue them as provided in Title 11, Chapter 27, Utah Refunding Bond Act.
(2) A local building authority that issues a lease revenue bond on or after May 1, 2024 shall comply with the same requirements and is subject to the same limitations under Subsection 11-14-103(6) that apply to the issuance of a lease revenue bond by a local political subdivision, as defined in Section 11-14-102.