Utah Code > Title 63B > Chapter 31 > Part 1 – 2021 Transportation and Transit General Obligation Bonds
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Terms Used In Utah Code > Title 63B > Chapter 31 > Part 1 - 2021 Transportation and Transit General Obligation Bonds
- City: includes , depending on population, a metro township as defined in Section
10-3c-102 . See Utah Code 68-3-12.5 - Commission: means the State Bonding Commission created in Section 63B-1-201. See Utah Code 63B-1-101
- Equal: means , with respect to biological sex, of the same value. 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
- Land: includes :(18)(a) land;(18)(b) a tenement;(18)(c) a hereditament;(18)(d) a water right;(18)(e) a possessory right; and(18)(f) a claim. See Utah Code 68-3-12.5
- 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.
- 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