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U.S. State Codes
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Utah
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Title 53B - State System of...
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Chapter 13 - Higher Education Loan Act
Chapter 13 - Higher Education Loan Act
Section 101 - Short title of chapter.
Section 102 - Definitions.
Section 103 - Powers of Board of Regents.
Section 104 - Issuance of bonds -- Disposition of funds -- Refunding bonds -- Resolution to authorize bonds -- Contents -- Sale of bonds -- Bond debt service reserve funds -- Restoration of fund assets -- Establishment of other subfunds.
Section 105 - Agreements with bondholders unalterable.
Section 106 - Investments in bonds of the board.
Section 107 - Payment of funds -- Payment on warrants -- Contracts with bondholders -- Security.
Section 108 - Bonds and interest exempt from taxation except corporate franchise tax.
Section 109 - Board pledges -- Attachment of lien -- Recording unnecessary.
Section 110 - Default by board -- Appointment of a trustee -- Powers of the trustee and bondholders.
Section 111 - Loans or purchase of obligations -- Rules -- Options -- Repayment of federally insured loans.
Section 112 - Separation of duties, responsibilities, funds, liabilities, and expenses -- Immunity from personal liability.
Section 113 - Bond approval by attorney general incontestable after 30 days -- Recital of certification.
Section 114 - Mandamus in Supreme Court -- Precedence.