Utah § 11-27-9 - Prerequisites to issuance of state general obligation refunding bonds.
Full text of Utah Utah Code § 11-27-9 — Prerequisites to issuance of state general obligation refunding bonds., with citation guidance and answers to common questions.
§ 11-27-9. Prerequisites to issuance of state general obligation refunding bonds.
11-27-9. Prerequisites to issuance of state general obligation refunding bonds.
No general obligation refunding bonds of the state may be issued under this chapter, unless:
| (1) | the tax provided in Section 11-27-3.5 is sufficient to pay annual interest and to pay the principal of the refunding bonds within 20 years from the final passage of the law authorizing the bonds to be refunded thereby; or |
| (2) | the legislature has approved the issuance of general obligation refunding bonds and provided for levying a tax annually, sufficient to pay the annual interest and to pay the principal of the general obligation refunding bonds within 20 years from the final passage of the law approving the refunding bonds as provided in Article XIII, Sec. 2(11), Utah Constitution. |
Amended by Chapter 258, 2015 General Session
Source: official Utah text · Last verified 2026-08-27
Frequently Asked Questions About Utah § 11-27-9
What does Utah Code § 11-27-9 cover?
Section 11-27-9 ("Prerequisites to issuance of state general obligation refunding 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 § 11-27-9?
A common citation format is "Utah Code § 11-27-9" (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 § 11-27-9 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.