Section 113 - Certification of satisfaction of conditions precedent -- Conclusiveness.

UT Code § 63B-5-113 (2019) (N/A)
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(1) The commission may not issue any bond under this chapter until it finds and certifies that all conditions precedent to issuance of the bonds have been satisfied.

(2) A recital on any bond of this finding and certification conclusively establishes the completion and satisfaction of all conditions precedent.