Utah § 73-1-18 - Bonds issued -- Interest -- Lien.

Full text of Utah Utah Code § 73-1-18 — Bonds issued -- Interest -- Lien., with citation guidance and answers to common questions.

§ 73-1-18. Bonds issued -- Interest -- Lien.

73-1-18.  Bonds issued -- Interest -- Lien.
     The money so borrowed shall be evidenced by the bond or bonds or other obligations of the irrigation companies, drainage districts, or irrigation districts borrowing the same and shall constitute and be secured by a first lien on the water rights, canal rights and all assets of the irrigation companies, and on all lands within the exterior boundaries of drainage districts, and on all lands and/or water allotted to lands within the exterior boundaries of the irrigation districts, and shall bear such rate of interest and mature at such time or times as the contracting parties may agree upon.

No Change Since 1953

Frequently Asked Questions About Utah § 73-1-18

What does Utah Code § 73-1-18 cover?

Section 73-1-18 ("Bonds issued -- Interest -- Lien.") is part of the Utah Code, the codified statutory law of Utah. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Utah § 73-1-18?

A common citation format is "Utah Code § 73-1-18" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Utah law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.

How does Utah § 73-1-18 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Utah.