Utah Code -- Title 53B -- Chapter 13 -- Higher Education Loan Act

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Updated: 11 January 2012

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Chapters in this Title | All Titles

53B-13-101    Short title of chapter.
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53B-13-102    Definitions.
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53B-13-103    Powers of Board of Regents.
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53B-13-104    Issuance of bonds -- Disposition of funds -- Refunding bonds -- Resolution to authorize bonds -- Contents -- Sale of bonds -- Bond debt service reserve funds -- Restoration of fund assets -- Establishment of other subfunds.
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53B-13-105    Agreements with bondholders unalterable.
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53B-13-106    Investments in bonds of the board.
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53B-13-107    Payment of funds -- Payment on warrants -- Contracts with bondholders -- Security.
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53B-13-108    Bonds and interest exempt from taxation except corporate franchise tax.
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53B-13-109    Board pledges -- Attachment of lien -- Recording unnecessary.
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53B-13-110    Default by board -- Appointment of a trustee -- Powers of the trustee and bondholders.
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53B-13-111    Loans or purchase of obligations -- Rules -- Options -- Repayment of federally insured loans.
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53B-13-112    Separation of duties, responsibilities, funds, liabilities, and expenses -- Immunity from personal liability.
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53B-13-113    Bond approval by attorney general incontestable after 30 days -- Recital of certification.
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53B-13-114    Mandamus in Supreme Court -- Precedence.
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means this portion of the Utah Code has been modified since the last update on 1 November 2011.

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Last revised: 11 January 2012