Utah Code 17D-1-509. Ratification of previously issued bonds and previously entered contracts
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Terms Used In Utah Code 17D-1-509
- Special service district: means a limited purpose local government entity, as described in Section 17D-1-103, that:(12)(a) is created under authority of the Utah Constitution Article XI, § 7; and(12)(b) operates under, is subject to, and has the powers set forth in this chapter. See Utah Code 17D-1-102
All bonds issued or contracts entered into by a special service district before May 5, 2008 are ratified, validated, and confirmed and declared to be valid and legally binding obligations of the special service district in accordance with their terms.