Utah § 11-42-414 - Remaining interest and other money in assessment fund to be transferred to the guaranty fund or the local entity's general fund.
Full text of Utah Utah Code § 11-42-414 — Remaining interest and other money in assessment fund to be transferred to the guaranty fund or the local entity's general fund., with citation guidance and answers to common questions.
§ 11-42-414. Remaining interest and other money in assessment fund to be transferred to the guaranty fund or the local entity's general fund.
The treasurer of each local entity that collects interest from the investment of an assessment fund or that receives penalties, costs, and other amounts for the benefit and credit of an assessment that remain after all local entity obligations are paid in full and cancelled shall transfer the remaining amount to:
| (1) | the guaranty fund, if required by bond covenants; or |
| (2) | the local entity's general fund. |
Enacted by Chapter 329, 2007 General Session
Source: official Utah text · Last verified 2026-08-27
Frequently Asked Questions About Utah § 11-42-414
What does Utah Code § 11-42-414 cover?
Section 11-42-414 ("Remaining interest and other money in assessment fund to be transferred to the guaranty fund or the local entity's general fund.") 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 § 11-42-414?
A common citation format is "Utah Code § 11-42-414" (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 § 11-42-414 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.