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Bonds not affected by municipal boundary adjustment -- Payment of property taxes.

Utah Code § 10-2-904
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10-2-904. Bonds not affected by municipal boundary adjustment -- Payment of property taxes. (1) A boundary adjustment under this part may not jeopardize or endanger any general obligation or revenue bond. (2) A bondholder may require the payment of property taxes from any area that: (a) was included in the taxable value of the municipality or other governmental entity issuing the bond at the time the bond was issued; and (b) is no longer within the boundaries of the municipality or other governmental entity issuing the bond due to a boundary adjustment. Enacted by Chapter 399, 2025 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title10/Chapter2/10-2-S904.html?v=C10-2-S904_2025050720250507Fetched: 10/26/2026

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