Utah § 11-59-501 - Dissolution of authority -- Restrictions -- Publishing notice of dissolution -- Authority records -- Dissolution expenses.

Full text of Utah Utah Code § 11-59-501 — Dissolution of authority -- Restrictions -- Publishing notice of dissolution -- Authority records -- Dissolution expenses., with citation guidance and answers to common questions.

§ 11-59-501. Dissolution of authority -- Restrictions -- Publishing notice of dissolution -- Authority records -- Dissolution expenses.

Effective 5/6/2026
11-59-501.  Dissolution of authority -- Restrictions -- Publishing notice of dissolution -- Authority records -- Dissolution expenses.
(1)The authority may not be dissolved unless:
(a)the authority board first receives approval from the Legislative Management Committee of the Legislature to dissolve the authority; and
(b)the authority has no outstanding bonded indebtedness, other unpaid loans, indebtedness, or advances, and no legally binding contractual obligations with persons or entities other than the state.
(2)To dissolve the authority, the board shall:
(a)obtain the approval of the Legislative Management Committee of the Legislature; and
(b)adopt a resolution dissolving the authority, to become effective as provided in the resolution.
(3)Upon the dissolution of the authority:
(a)the Governor's Office of Economic Development shall publish a notice of dissolution:
(i)for the county in which the dissolved authority is located, as a class A notice under Section 63G-30-102, for at least seven days; and
(ii)as required in Section 45-1-101; and
(b)all title to property owned by the authority vests in the facilities division for the benefit of the state.
(4)The board shall deposit all books, documents, records, papers, and seal of the dissolved authority with the state auditor for safekeeping and reference.
(5)The authority shall pay all expenses of the deactivation and dissolution.


Amended by Chapter 343, 2026 General Session

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

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Frequently Asked Questions About Utah § 11-59-501

What does Utah Code § 11-59-501 cover?

Section 11-59-501 ("Dissolution of authority -- Restrictions -- Publishing notice of dissolution -- Authority records -- Dissolution expenses.") 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 § 11-59-501?

A common citation format is "Utah Code § 11-59-501" (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 § 11-59-501 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.

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