9-4-904.5 - Corporation as continuation of agency.
9-4-904.5. Corporation as continuation of agency.
(1) Beginning July 1, 2001, the Utah Housing Finance Agency shall become known asthe Utah Housing Corporation.
(2) The corporation is a continuation of the Utah Housing Finance Agency and shall:
(a) possess all rights, title, privileges, powers, immunities, property, and claims of theagency; and
(b) fulfill and perform all obligations of the agency, including all agency obligationsrelating to outstanding bonds and notes.
(1) Beginning July 1, 2001, the Utah Housing Finance Agency shall become known asthe Utah Housing Corporation.
(2) The corporation is a continuation of the Utah Housing Finance Agency and shall:
(a) possess all rights, title, privileges, powers, immunities, property, and claims of theagency; and
(b) fulfill and perform all obligations of the agency, including all agency obligationsrelating to outstanding bonds and notes.
Enacted by Chapter 319, 2001 General Session