United States — Utah Act or statute

United States — Utah legislation

Utah Code § 11-14-303

These bonds, notes, and other local-government obligations, and their interest, are exempt from all state taxation except the corporate franchise tax.

bondscorporate franchise taxindebtednessnotespolitical subdivisionstax exemption

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“These bonds, notes, and other local-government obligations, and their interest, are exempt from all state taxation except the corporate franchise tax.”

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Source record from le.utah.gov · Legal dates not recorded

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Part 11-14-3

part 11-14-3 Issuance of Bonds

§ 11-14-303Bonds, notes, or other obligations of political subdivisions exempt from taxation except corporate franchise tax.Provision

These bonds, notes, and other local-government obligations, and their interest, are exempt from all state taxation except the corporate franchise tax.

Bonds, notes, or other obligations of political subdivisions exempt from taxation except corporate franchise tax. All bonds, notes, or other obligations issued under this chapter or under any other law authorizing the issuance of bonds, notes, or indebtedness by a local political subdivision or any other political subdivision now existing or subsequently created under the laws of Utah, including bonds payable solely from special assessments and tax anticipation indebtedness, and the interest on them shall be exempt from all taxation in this state, except for the corporate franchise tax.
Section 11-14-303Verify source

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