All bonds issued under the provisions of this chapter are negotiable instruments except when registered in the name of a registered owner and all the bonds, and the interest or income therefrom, are exempt from all taxation in the state, except for the corporate franchise tax.
Utah Code § 72-11-110
Bonds -- Negotiability -- Tax exemption except corporate franchise tax
Renumbered and Amended by Chapter 270, 1998 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.