Utah § 11-17-17 - State universities granted same powers as municipalities and counties -- Authority to issue bonds.

Full text of Utah Utah Code § 11-17-17 — State universities granted same powers as municipalities and counties -- Authority to issue bonds., with citation guidance and answers to common questions.

§ 11-17-17. State universities granted same powers as municipalities and counties -- Authority to issue bonds.

Effective 7/1/2020
11-17-17.  State universities granted same powers as municipalities and counties -- Authority to issue bonds.
(1) The Utah Board of Higher Education may, on behalf of the University of Utah and Utah State University exercise all powers granted to municipalities and counties pursuant to this chapter, except as provided in Subsection (2).
(2) The Utah Board of Higher Education may not issue bonds in excess of $10,000,000 in any one fiscal year under this chapter on behalf of either institution as the borrower without prior approval from the Legislature.
(3) Refunding bonds are exempt from the requirements of Subsection (2) if:
(a) the bonds are issued to reduce debt service costs; and
(b) the refunding bonds mature during the same time frame as the original obligation.


Amended by Chapter 365, 2020 General Session

Source: official Utah text · Last verified 2026-08-27

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Frequently Asked Questions About Utah § 11-17-17

What does Utah Code § 11-17-17 cover?

Section 11-17-17 ("State universities granted same powers as municipalities and counties -- Authority to issue bonds.") 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 § 11-17-17?

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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.

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