11-14-314 - Tax anticipation obligations validated. - Utah Statutes

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Statutes > Utah > Title-11 > Chapter-14 > 11-14-314

11-14-314. Tax anticipation obligations validated.
All obligations issued in anticipation of the collection of taxes and other revenues by anylocal political subdivision before May 1, 2006, and all proceedings had in the authorization andissuance of them are validated, ratified, and confirmed; and all these obligations are declared toconstitute legally binding obligations in accordance with their terms. Nothing in this sectionshall be construed to affect or validate any of these obligations, the legality of which is beingcontested as of May 1, 2006.

Amended by Chapter 83, 2006 General Session

State Codes and Statutes

Statutes > Utah > Title-11 > Chapter-14 > 11-14-314

11-14-314. Tax anticipation obligations validated.
All obligations issued in anticipation of the collection of taxes and other revenues by anylocal political subdivision before May 1, 2006, and all proceedings had in the authorization andissuance of them are validated, ratified, and confirmed; and all these obligations are declared toconstitute legally binding obligations in accordance with their terms. Nothing in this sectionshall be construed to affect or validate any of these obligations, the legality of which is beingcontested as of May 1, 2006.

Amended by Chapter 83, 2006 General Session

State Codes and Statutes

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State Codes and Statutes

Statutes > Utah > Title-11 > Chapter-14 > 11-14-314

11-14-314. Tax anticipation obligations validated.
All obligations issued in anticipation of the collection of taxes and other revenues by anylocal political subdivision before May 1, 2006, and all proceedings had in the authorization andissuance of them are validated, ratified, and confirmed; and all these obligations are declared toconstitute legally binding obligations in accordance with their terms. Nothing in this sectionshall be construed to affect or validate any of these obligations, the legality of which is beingcontested as of May 1, 2006.

Amended by Chapter 83, 2006 General Session