§ 53G-4-801 Definitions
§ 53G-4-802 Contract with bondholders — Full faith and credit of state is pledged — Limitation as to certain refunded bonds
§ 53G-4-803 Program eligibility — Option to forego guaranty
§ 53G-4-804 Fiscal solvency of school districts — Duties of state treasurer and attorney general
§ 53G-4-805 Business administrator duties — Paying agent to provide notice — State treasurer to execute transfer to paying agents — Effect of transfer
§ 53G-4-806 State financial assistance intercept mechanism — State treasurer duties — Interest and penalty provisions
§ 53G-4-807 Backup liquidity arrangements — Issuance of notes
§ 53G-4-808 Unlimited ad valorem tax as pledge of full faith and credit — State Tax Commission duties — Property tax abated
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Terms Used In Utah Code > Title 53G > Chapter 4 > Part 8 - School District Bond Guaranty

  • Administrator: includes "executor" when the subject matter justifies the use. See Utah Code 68-3-12.5
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: means :
         (24)(a) an individual;
         (24)(b) an association;
         (24)(c) an institution;
         (24)(d) a corporation;
         (24)(e) a company;
         (24)(f) a trust;
         (24)(g) a limited liability company;
         (24)(h) a partnership;
         (24)(i) a political subdivision;
         (24)(j) a government office, department, division, bureau, or other body of government; and
         (24)(k) any other organization or entity. See Utah Code 68-3-12.5
  • Personal property: All property that is not real property.
  • Personal property: includes :
         (25)(a) money;
         (25)(b) goods;
         (25)(c) chattels;
         (25)(d) effects;
         (25)(e) evidences of a right in action;
         (25)(f) a written instrument by which a pecuniary obligation, right, or title to property is created, acknowledged, transferred, increased, defeated, discharged, or diminished; and
         (25)(g) a right or interest in an item described in Subsections (25)(a) through (f). See Utah Code 68-3-12.5
  • Property: includes both real and personal property. See Utah Code 68-3-12.5
  • State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
  • United States: includes each state, district, and territory of the United States of America. See Utah Code 68-3-12.5
  • Writing: includes :
         (48)(a) printing;
         (48)(b) handwriting; and
         (48)(c) information stored in an electronic or other medium if the information is retrievable in a perceivable format. See Utah Code 68-3-12.5