reglab/housing_qa huggingface dataset:
UT Code § 63B-1-307 (2021)
2021 Utah Code|Title 63B - Bonds|Chapter 1 - General Provisions|Part 3 - State Building Ownership Authority Act|Section 307 - Lease of facilities to state bodies -- Rental.

63B-1-307. Lease of facilities to state bodies -- Rental.    (1) The authority and state bodies shall enter into leases or agreements for the use and occupancy of any portion of any facility constructed or acquired under this part.     (2) The leases or agreements may provide for the operation, maintenance, and insurance of the facility.      (3) The leases and agreements shall provide that:   (a) the rental to be paid annually by each state body to the authority for the use and occupancy is in proportion to the space occupied in the facility by that state body;     (b) those rentals shall be in an amount sufficient to completely pay all principal and interest on those obligations as they come due; and     (c) those rentals may include:   (i) the cost of maintenance, operation, and insurance of those facilities;     (ii) the expenses of the authority in administering the facilities under this part;     (iii) amounts needed to provide reserves to secure obligations, to maintain, repair, renovate, reconstruct, or replace those facilities; and     (iv) any other reserves and funds that the authority considers necessary or advisable in order to sell its obligations.        Renumbered and Amended by Chapter 86, 2003 General Session
UT Code § 63B-1-308 (2021)
2021 Utah Code|Title 63B - Bonds|Chapter 1 - General Provisions|Part 3 - State Building Ownership Authority Act|Section 308 - Payment of obligations out of rentals -- Other governmental entities not liable for payment -- Appropriations for increased rentals -- Defaulting bodies to quit premises.

63B-1-308. Payment of obligations out of rentals -- Other governmental entities not liable for payment -- Appropriations for increased rentals -- Defaulting bodies to quit premises.    (1) Except as secured as provided in this part:   (a) each obligation issued or caused to be issued by the authority, and the interest on that obligation, is payable solely out of rentals or lease payments received by the authority for the facilities constructed or acquired under this part; and     (b) each obligation shall state that information on its face.       (2) Except to the extent that facilities are encumbered, nothing in this part may be construed to:   (a) require the state, or any department, board, commission, agency, or political subdivision of the state, other than the authority, to pay any part of any obligation issued or caused to be issued under this part, or any interest on any of those obligations;     (b) require the state or any department, board, commission, agency or political subdivision of the state, other than the state body or state bodies leasing any portion of the facilities, to pay any rental due to the authority by any state body under the terms of any lease of facilities; or     (c) require the Legislature to appropriate any money to pay these obligations, interest, or rentals.       (3) If the rentals paid by a state body to the authority are insufficient to pay the principal and interest on the obligations or other amounts payable from rentals when due, the governor may request the Legislature to appropriate additional funds to that body for the payment of increased rentals.     (4) If a state body fails to pay any rentals due to the authority under the terms of any lease or agreement for facilities, that body shall immediately quit and vacate the portion of that facility that it has occupied under that lease or agreement, and the rental or lease obligation under the lease or agreement shall then cease.    Renumbered and Amended by Chapter 86, 2003 General Session
UT Code § 63B-1-310 (2021)
2021 Utah Code|Title 63B - Bonds|Chapter 1 - General Provisions|Part 3 - State Building Ownership Authority Act|Section 310 - Proceeds from sale of obligations -- Use.

63B-1-310. Proceeds from sale of obligations -- Use.    (1) The proceeds from the sale of obligations issued under this part may be applied only for the purposes for which the obligations were issued.     (2) Any accrued interest and premium received upon the sale, and any portion of the proceeds that may not be needed for the purposes for which the obligations were issued, shall be applied to the payment of the principal of, or the interest on, the obligations.    Renumbered and Amended by Chapter 86, 2003 General Session
UT Code § 63B-1-311 (2021)
2021 Utah Code|Title 63B - Bonds|Chapter 1 - General Provisions|Part 3 - State Building Ownership Authority Act|Section 311 - Cost of acquiring or constructing facility.

63B-1-311. Cost of acquiring or constructing facility.  The cost of acquiring or constructing any facility shall be considered to include the following:  (1) the actual cost of acquiring or improving real estate;     (2) the actual cost of enlarging, constructing, reconstructing, improving, replacing, restoring, renovating, maintaining, equipping, or furnishing all or any part of a facility, including architects' or engineers' fees; and     (3) all expenses connected with the authorization, sale, and issuance of the obligations to finance the acquisition or construction, including:   (a) fees for outside attorneys or accountants whose opinions are required to secure the issuance of those obligations;     (b) financial advisors' fees and commissions;     (c) printing costs;     (d) those amounts that the authority considers necessary to establish bond reserves and maintenance, repair, replacement, and contingency funds and accounts; and     (e) the interest on these obligations for a reasonable time before, during, and for a reasonable period of time after, completion of the acquisition or construction.      Renumbered and Amended by Chapter 86, 2003 General Session
UT Code § 63B-1-312 (2021)
2021 Utah Code|Title 63B - Bonds|Chapter 1 - General Provisions|Part 3 - State Building Ownership Authority Act|Section 312 - Signature of former member or officer of authority -- Continuing validity.

63B-1-312. Signature of former member or officer of authority -- Continuing validity.  If any of the members or officers of the authority no longer occupy their position at the time of the delivery of any obligations signed by them, their signatures or facsimiles of their signatures are valid and sufficient for all purposes, as if they had remained in office until that delivery.  Renumbered and Amended by Chapter 86, 2003 General Session
UT Code § 63B-1-313 (2021)
2021 Utah Code|Title 63B - Bonds|Chapter 1 - General Provisions|Part 3 - State Building Ownership Authority Act|Section 313 - Negotiability of obligations -- Registration.

63B-1-313. Negotiability of obligations -- Registration.  All obligations of the authority are negotiable instruments within the meaning of, and for all purposes of Title 70A, Uniform Commercial Code, subject only to any provisions of those obligations relating to registration.  Renumbered and Amended by Chapter 86, 2003 General Session
UT Code § 63B-1-314 (2021)
2021 Utah Code|Title 63B - Bonds|Chapter 1 - General Provisions|Part 3 - State Building Ownership Authority Act|Section 314 - Person executing obligations not personally liable.

63B-1-314. Person executing obligations not personally liable.  No person executing any obligations issued under this part is subject to personal liability or accountability because of the issuance.  Renumbered and Amended by Chapter 86, 2003 General Session
UT Code § 63B-1-315 (2021)
2021 Utah Code|Title 63B - Bonds|Chapter 1 - General Provisions|Part 3 - State Building Ownership Authority Act|Section 315 - Tax exemption.

63B-1-315. Tax exemption.    (1) All property acquired or held by the authority under this part is declared to be public property used for essential public and governmental purposes.     (2) All property and income from it, and all obligations issued under this part, the interest payable on them, and income derived from them, are exempt from all taxation imposed by this state or any of its political subdivisions, except for the corporate franchise tax.    Renumbered and Amended by Chapter 86, 2003 General Session
UT Code § 63B-1-316 (2021)
2021 Utah Code|Title 63B - Bonds|Chapter 1 - General Provisions|Part 3 - State Building Ownership Authority Act|Section 316 - Obligations as legal investments -- Deposit of obligations.

63B-1-316. Obligations as legal investments -- Deposit of obligations.    (1) The obligations issued under this part are securities in which all persons and organizations authorized to invest in any obligations of this state may properly and legally invest any funds, including capital belonging to them or within their control.     (2) These obligations are also declared to be securities that may properly and legally be deposited with, and received by, any state, county, or municipal officer, or agency of the state for any purpose for which the deposit of any obligations of the state is authorized by law.    Renumbered and Amended by Chapter 86, 2003 General Session
UT Code § 63B-1-317 (2021)
2021 Utah Code|Title 63B - Bonds|Chapter 1 - General Provisions|Part 3 - State Building Ownership Authority Act|Section 317 - Publication of resolution or other proceeding -- Contest of proceedings -- Mandamus to compel official to sign obligations.

63B-1-317. Publication of resolution or other proceeding -- Contest of proceedings -- Mandamus to compel official to sign obligations.    (1) The authority may provide for the publication of any resolution it adopts for the authorization of obligations under this part:   (a) in one issue of a newspaper having general circulation in this state; and     (b) as required in Section 45-1-101.       (2) In case of resolution or other proceeding providing for the issuance of obligations under this part, the authority may, in lieu of publishing the entire resolution or other proceeding, publish a notice of obligations to be issued, titled as such, containing:   (a) the name of the authority;     (b) the purpose of the issue;     (c) the type of obligations and the principal amount to be issued;     (d) the maximum maturity of the obligations;     (e) the maximum net effective rate of interest payable on the issue of obligations;     (f) the maximum discount from par which is to be permitted if the obligations may be sold at a discount below par value; and     (g) the times and place where a copy of the resolution or other proceeding may be examined, during regular business hours, for a period of at least 30 days after the publication of the notice.       (3)   (a) For a period of 30 days after the date of publication under Subsection (1) or (2), any interested person may contest the legality of the resolution, of the obligations authorized by it, or any of the provisions made for the security and payment of these obligations.     (b) After this period, no one shall have any cause of action to contest the regularity, formality, or legality of same for any cause whatsoever, except as provided in Subsection (4).       (4)   (a) If any official required to sign the obligations refuses to sign them because the official alleges that the obligations to be signed are illegal, the authority may bring an original action in the supreme court for a writ of mandamus requiring the official to sign the obligations.     (b) Because of the importance of the facilities construction and acquisition program provided for in this part, the Utah Supreme Court shall:   (i) give this action precedence over any other matters pending before the court; and     (ii) consider and determine these matters at the earliest possible time.        Amended by Chapter 388, 2009 General Session
UT Code § 63B-1-318 (2021)
2021 Utah Code|Title 63B - Bonds|Chapter 1 - General Provisions|Part 3 - State Building Ownership Authority Act|Section 318 - Division duties -- Reimbursement.

63B-1-318. Division duties -- Reimbursement.    (1) The division shall:   (a) construct, maintain, allocate the space in, and dispose of all facilities acquired or constructed for the authority with the proceeds of obligations of the authority; and     (b) do all things necessary to keep those facilities in good order and repair.       (2) The division may perform all of the duties established in Subsection (1) pursuant to contracts with the authority.     (3) The division shall be reimbursed for all direct costs of maintenance by the authority from funds derived from rental or lease payments.     (4) Nothing contained in this part may be construed to limit, supersede, or otherwise change in any way the authority of the division provided in Title 63A, Chapter 5b, Administration of State Facilities.    Renumbered and Amended by Chapter 86, 2003 General Session
UT Code § 63B-1-319 (2021)
2021 Utah Code|Title 63B - Bonds|Chapter 1 - General Provisions|Part 3 - State Building Ownership Authority Act|Section 319 - Legal, accounting, and auditing services.

63B-1-319. Legal, accounting, and auditing services.    (1) The attorney general shall provide all legal services, and the state auditor shall provide all accounting and auditing services, required by the authority, without reimbursement from that authority.     (2) Subsection (1) does not apply to attorneys' or accountants' opinions required for the issuance of any obligations.     (3) The authority may:   (a) obtain accounting and auditing services in addition to those specified in Subsections (1) and (2) from outside accountants and auditors, with the consent of the state auditor;     (b) obtain legal services in addition to those specified in Subsections (1) and (2) from outside attorneys, with the consent of the attorney general; and     (c) include the costs of these services:   (i) in the rentals and charges payable to it under leases or agreements between it and state bodies for the use of space in facilities; or     (ii) as a cost payable from the proceeds of the sale of obligations for which those services were provided.        Renumbered and Amended by Chapter 86, 2003 General Session
UT Code § 63B-1-320 (2021)
2021 Utah Code|Title 63B - Bonds|Chapter 1 - General Provisions|Part 3 - State Building Ownership Authority Act|Section 320 - State to succeed to property of authority when encumbrances paid or authority dissolved.

63B-1-320. State to succeed to property of authority when encumbrances paid or authority dissolved.    (1) Each facility shall immediately vest in and become the property of this state when the obligations encumbering it are paid.     (2) If the authority is dissolved at any time, for any reason, all property of the authority shall immediately vest in and become the property of this state, which shall succeed to all rights of the authority and to any encumbrances which may then exist on any particular facilities, to the extent provided by this part.    Renumbered and Amended by Chapter 86, 2003 General Session
UT Code § 63B-1-321 (2021)
2021 Utah Code|Title 63B - Bonds|Chapter 1 - General Provisions|Part 3 - State Building Ownership Authority Act|Section 321 - Validation of prior obligations.

63B-1-321. Validation of prior obligations.  All obligations issued by the authority before the effective date of this part and all proceedings had in the authorization and issuance of these obligations and all agreements with respect to them and the security for them are:  (1) validated, ratified, and confirmed; and     (2) all these obligations, agreements, and security are declared to constitute legally binding obligations of the authority and all state bodies relating to them in accordance with their terms.    Renumbered and Amended by Chapter 86, 2003 General Session
UT Code § 63B-1a-101 (2021)
2021 Utah Code|Title 63B - Bonds|Chapter 1a - Master General Obligation Bond Act|Part 1 - Issuance and Refunding of General Obligation Bonds|Section 101 - Definitions -- Bonds authorized -- Prohibitions -- Purposes -- Maturity -- Use of bonds proceeds.

 Effective 5/13/2014  63B-1a-101. Definitions -- Bonds authorized -- Prohibitions -- Purposes -- Maturity -- Use of bonds proceeds.    (1) As used in this section:   (a) "Cost" includes:   (i) all costs related to the authorized capital project, including the cost of equipment and furnishings for, interests in, or improvements necessary, incidental, or convenient to, those capital projects;     (ii) all costs incident to the authorization and issuance of bonds;     (iii) interest estimated to accrue on bonds during the period to be covered by the acquisition and construction of the capital project and for up to 12 months after that period; and     (iv) other amounts that the commission finds necessary to establish reserve funds and to provide working capital related to the capital project.       (b) "Taxable property of the state" includes all real and personal property subject to ad valorem taxation within the state, including all property subject to a fee-in lieu of tax.       (2) When authorized by the Legislature, the commission may, in the manner specified in this chapter, issue bonds to provide funds to the state for the purpose of paying all or part of the cost of designing, acquiring, constructing, improving, or extending:   (a) any one or more capital projects; or     (b) any interest in one or more or any combination of capital projects.       (3) Before issuing any bonds, the commission shall determine that the Legislature has:   (a) affirmatively authorized the issuance of the bonds; and     (b) has specified:   (i) for capital projects, the capital projects to be funded; and     (ii) the maximum amount of the bonds.         (4) The commission shall either:   (a) comply with any maturity requirements established by the Legislature; or     (b) in the absence of any maturity requirements, establish, by resolution, a bond maturity date or dates that are not later than 15 years after the date of delivery of the bonds.       (5)   (a) The commission may not issue bonds under this chapter in an amount that violates the limitation described in the Utah Constitution, Article XIV, Section 1 or payable beyond the period described in the Utah Constitution, Article XIII, Section 5(3).     (b) For purposes of applying the debt limitation contained in the Utah Constitution Article XIV, Section 1, the value of the taxable property in Utah is considered to be 100% of the fair market value of the taxable property of the state as computed from the last assessment for state purposes made before the issuance of the bonds.      Amended by Chapter 173, 2014 General Session
UT Code § 63B-1a-103 (2021)
2021 Utah Code|Title 63B - Bonds|Chapter 1a - Master General Obligation Bond Act|Part 1 - Issuance and Refunding of General Obligation Bonds|Section 103 - Refunding general obligation bonds.

63B-1a-103. Refunding general obligation bonds.    (1) The commission may provide for the refunding of any bonds in accordance with Title 11, Chapter 27, Utah Refunding Bond Act.     (2) For purposes of Title 11, Chapter 27, Utah Refunding Bond Act, the state is considered the public body and the commission is its governing body.    Enacted by Chapter 2, 2003 General Session
UT Code § 63B-1a-201 (2021)
2021 Utah Code|Title 63B - Bonds|Chapter 1a - Master General Obligation Bond Act|Part 2 - Disposition of Proceeds from General Obligation Bonds|Section 201 - Bonds proceeds -- Deposits -- Investment -- Disposition of investment income and unexpended proceeds.

63B-1a-201. Bonds proceeds -- Deposits -- Investment -- Disposition of investment income and unexpended proceeds.    (1)   (a) The commission shall provide that proceeds from the sale of bonds issued under this chapter are deposited within one or more accounts as determined by the commission or by the state treasurer.     (b) The state treasurer shall administer and maintain these accounts.       (2)   (a) The state treasurer shall:   (i) establish the kinds of investments in which the proceeds of bonds issued under this chapter may be invested; and     (ii) designate where the income from the investment of bond proceeds shall be applied.       (b) The state treasurer shall apply the income from the investment of proceeds of bonds issued under this chapter as directed by the commission by resolution.       (3) Upon completion of the purposes for which the bonds were issued, any unexpended proceeds of the bonds issued under this chapter shall be deposited in the related sinking fund unless the commission provides otherwise by resolution.    Enacted by Chapter 2, 2003 General Session
UT Code § 63B-1a-301 (2021)
2021 Utah Code|Title 63B - Bonds|Chapter 1a - Master General Obligation Bond Act|Part 3 - General Obligation Bond Repayment Arrangements|Section 301 - Sinking fund -- Creation -- Investment of money.

63B-1a-301. Sinking fund -- Creation -- Investment of money.    (1) For bonds authorized and issued as provided in this chapter, the commission shall create a sinking fund, to be administered by the state treasurer.     (2) All money deposited in the sinking fund, from whatever source, shall be used to pay debt service on the bonds.     (3) The commission or the state treasurer may create separate accounts within the sinking fund.     (4)   (a) The state treasurer may, by following the procedures and requirements of Title 51, Chapter 7, State Money Management Act, invest any money contained in the sinking fund until it is needed for the purposes for which the fund was created.     (b) Unless otherwise provided in the resolution of the commission authorizing the issuance of bonds under this chapter, the treasurer:   (i) shall deposit all income from the investment of any sinking fund money into the sinking fund; and     (ii) may use it for the payment of debt service on the bonds.        Enacted by Chapter 2, 2003 General Session
UT Code § 63B-1a-302 (2021)
2021 Utah Code|Title 63B - Bonds|Chapter 1a - Master General Obligation Bond Act|Part 3 - General Obligation Bond Repayment Arrangements|Section 302 - Payment of interest, principal, and redemption premiums.

63B-1a-302. Payment of interest, principal, and redemption premiums.    (1) The Division of Finance shall draw warrants on the state treasury before any interest, principal, or redemption premiums become due on the bonds.     (2) After receipt of the warrants, the state treasurer shall:   (a) promptly pay the warrants from funds within the sinking fund; and     (b) immediately transmit the amount paid to the paying agent for the bonds.      Enacted by Chapter 2, 2003 General Session
UT Code § 63B-1a-303 (2021)
2021 Utah Code|Title 63B - Bonds|Chapter 1a - Master General Obligation Bond Act|Part 3 - General Obligation Bond Repayment Arrangements|Section 303 - Tax levy -- Abatement of tax.

63B-1a-303. Tax levy -- Abatement of tax.    (1) Each year after issuance of bonds and until each outstanding bond is retired, there is levied a direct annual tax on all taxable property of the state sufficient to pay principal, interest, and any applicable redemption premiums on each bond as it becomes due.     (2) The State Tax Commission shall fix the rate of the direct annual tax levy each year.     (3) The tax shall be collected and the proceeds applied as provided in this chapter.     (4) The proceeds of all taxes levied under this section are appropriated to the sinking fund established as required by Section 63B-1a-301.     (5) The direct annual tax imposed under this section is abated to the extent that money is available from sources other than ad valorem taxes in the sinking fund for the payment of bond interest, principal, and redemption premiums.    Enacted by Chapter 2, 2003 General Session