Utah Code § 53B-22-114

Current through the 2024 Fourth Special Session
Section 53B-22-114 - Utah State University Eastern revenue bonds - Student center
(1) The Utah Board of Higher Education, formerly the Board of Regents, on behalf of Utah State University Eastern, may issue, sell, and deliver revenue bonds or other evidences of indebtedness of Utah State University Eastern to borrow money on the credit of the income and revenues of Utah State University Eastern, other than appropriations of the Legislature, to finance the partial cost of constructing, furnishing, and equipping a student center.
(2) The bonds or other evidences of indebtedness authorized by this section may not exceed $3,300,000 and shall be issued in accordance with Title 53B, Chapter 21, Revenue Bonds, under terms and conditions and in amounts that the board, by resolution, determines are reasonable and necessary.

Utah Code § 53B-22-114

Amended by Chapter 378, 2024 General Session ,§ 44, eff. 5/1/2024.
Enacted by Chapter 332, 1995 General Session