Section 607 - Charter School Reserve Account contribution requirements for qualifying charter schools.

UT Code § 53G-5-607 (2019) (N/A)
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(1) When bonds are issued under the credit enhancement program for a qualifying charter school, the qualifying charter school shall contribute money to the reserve account in the amount determined as provided in Subsection (2).

(2) The authority shall determine the up-front and ongoing requirements for contributions of money to the reserve account for each qualifying charter school.