Part

Corporation Assets and Obligations

Title 63H — Independent State Entities §§ 63H-8-401–63H-8-411

Utah Code § 63H-8-401— Corporation money -- Depositing and paying out -- Power to contract with holders of notes and bonds -- Money held in trust
Utah Code § 63H-8-402— State pledge to holders of notes or bonds
Utah Code § 63H-8-403— Notes, bonds, other obligations -- Not a debt liability -- Expenses payable from funds provided -- Corporation without authority to incur liability on behalf of state -- Relationship to Governmental Immunity Act of Utah
Utah Code § 63H-8-404— Corporation property, notes, and bonds -- Tax exemption except corporate franchise tax
Utah Code § 63H-8-405— Corporation notes, bonds, obligations -- Legal investments
Utah Code § 63H-8-406— Annual report to governor and Legislature -- Contents -- Audits
Utah Code § 63H-8-407— Act not restriction on powers of corporation -- Construed as alternative -- Bonds, notes, obligations issued need not comply with other laws
Utah Code § 63H-8-408— Allocation to corporation of mortgage bonds qualified under Internal Revenue Code
Utah Code § 63H-8-409— Allocation of qualified mortgage bonds to counties, cities, and towns
Utah Code § 63H-8-410— Low-income housing tax credits
Utah Code § 63H-8-411— Asset disposition upon dissolution of corporation