53A-20b-102. Definitions.
As used in this chapter:
(1) "Authority" means the State Charter School Finance Authority created by this
chapter.
(2) (a) "Obligations" mean any notes, debentures, revenue bonds, or other evidences of
financial indebtedness, except as provided in Subsection (2)(b).
(b) "Obligations" do not include general obligation bonds.
(3) "Project" means:
(a) any building, structure, or property owned, or to be acquired, by a charter school for
any of its educational purposes and the related appurtenances, easements, rights-of-way,
improvements, paving, utilities, landscaping, parking facilities, and lands; or
(b) any capital equipment owned, or to be acquired, by a charter school for any of its
educational purposes, interests in land, and grounds, together with the personal property
necessary, convenient, or appurtenant to them.
Enacted by Chapter 167, 2007 General Session
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Last revised: Thursday, May 28, 2009