53B-22-114. College of Eastern Utah revenue bonds -- Student center.
(1) The State Board of Regents, on behalf of the College of Eastern Utah, may issue, sell,
and deliver revenue bonds or other evidences of indebtedness of the College of Eastern Utah to
borrow money on the credit of the income and revenues of the College of Eastern Utah, other
than appropriations of the Legislature, to finance the partial cost of constructing, furnishing, and
equipping a student center.
(2) The bonds or other evidences of indebtedness authorized by this section may not
exceed $3,300,000 and shall be issued in accordance with Title 53B, Chapter 21, Revenue
Bonds, under terms and conditions and in amounts that the board, by resolution, determines are
reasonable and necessary.
Enacted by Chapter 332, 1995 General Session
Download Code Section Zipped WordPerfect 53B22_011400.ZIP 1,896 Bytes
Sections in this Chapter|Chapters in this Title|All Titles|Legislative Home Page
Last revised: Wednesday, July 23, 2008