Utah § 54-9-107 - Disposition of proceeds and revenues.
Full text of Utah Utah Code § 54-9-107 — Disposition of proceeds and revenues., with citation guidance and answers to common questions.
§ 54-9-107. Disposition of proceeds and revenues.
All money belonging to a public power entity in connection with common facilities, including the proceeds of the sale of bonds and the revenues arising from the operation of common facilities:
| (1) | may be deposited in a bank or trust company doing business within or without the state; and |
| (2) | shall be accounted for and disbursed in accordance with applicable law and the provisions of the resolution or indenture authorizing the issuance of the bonds. |
Renumbered and Amended by Chapter 286, 2002 General Session
Source: official Utah text · Last verified 2026-08-27
Frequently Asked Questions About Utah § 54-9-107
What does Utah Code § 54-9-107 cover?
Section 54-9-107 ("Disposition of proceeds and revenues.") 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 § 54-9-107?
A common citation format is "Utah Code § 54-9-107" (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 § 54-9-107 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.