Title 11 Chapter 32 Section 9

Cities, Counties, and Local Taxing Units
Utah Interlocal Financing Authority Act
Section 9
Tax exemption.


11-32-9.   Tax exemption.

            All amounts becoming due under assignment agreements and all bonds issued by a financing authority and the interest accruing on them shall be exempt from all taxation in this state, except for the corporate franchise tax.

Enacted by Chapter 143, 1987 General Session