53B-22-102. Utah State University revenue bonds -- Student family housing and
Human Resource Research Center.
(1) The State Board of Regents, on behalf of Utah State University, may issue, sell, and
deliver revenue bonds or other evidences of indebtedness of Utah State University to borrow
money on the credit of the income and revenues of Utah State University, other than
appropriations of the Legislature, to finance the cost of constructing, furnishing, and equipping a
student family housing project and a Human Resource Research Center.
(2) The bonds or other evidences of indebtedness authorized by this section may not
exceed $6,600,000 for the student family housing project and $6,000,000 for the Human
Resource Research Center, and shall be issued in accordance with Title 53B, Chapter 21,
Revenue Bonds, under such terms and conditions and in such amounts as the board, by resolution,
determines are reasonable and necessary.
Amended by Chapter 332, 1995 General Session
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Last revised: Wednesday, October 08, 2008