Title 11 Cities, Counties, and Local Taxing Units Chapter 17 Utah Industrial Facilities and Development Act Section 6 Refunding bonds.
11-17-6.Refunding bonds.
Any bonds issued under this act and at any time outstanding may at any time and from
time to time be refunded either in advance or by exchange by a municipality or county by the
issuance of its refunding bonds in such amount as the governing body may deem necessary. Any
such refunding may be effected whether the bonds to be refunded shall have then matured or shall
thereafter mature, either by sale of the refunding bonds and the application of the proceeds from
same to the payment of the bonds to be refunded by such refunding bonds or by exchange of the
refunding bonds for the bonds to be refunded by such refunding bonds. Any refunding bonds
issued under this act shall be subject to the provisions contained in Section 11-17-4 and may be
secured in accordance with the provisions of Section 11-17-5.
Enacted by Chapter 29, 1967 General Session
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