United States — Utah Act or statute

United States — Utah legislation

Utah Code § 11-17-13, 1967

Utah pledges not to alter, impair, or limit vested rights under covered bonds or county/municipal contracts until the bonds are paid and discharged and the contracts are fully performed, unless adequate protection is…

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01

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“Utah pledges not to alter, impair, or limit vested rights under covered bonds or county/municipal contracts until the bonds are paid and discharged and the contracts are fully performed, unless adequate protection is provided by law.”

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    Enacted 1967. The date shown identifies this source expression and should not be treated as proof that no later change exists.

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Pledge and undertaking for the state.

Utah pledges not to alter, impair, or limit vested rights under covered bonds or county/municipal contracts until the bonds are paid and discharged and the contracts are fully performed, unless adequate protection is provided by law.

Section 11-17-13

04

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In force source record

Source record from le.utah.gov · Enacted 1967

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Provision
§ 11-17-13Pledge and undertaking for the state.Provision

Utah pledges not to alter, impair, or limit vested rights under covered bonds or county/municipal contracts until the bonds are paid and discharged and the contracts are fully performed, unless adequate protection is provided by law.

Pledge and undertaking for the state. The state of Utah does hereby pledge to and agree with the holders of any bonds issued under this act and with those parties who may enter into contracts with any county or municipality under this act, that the state will not alter, impair or limit the rights thereby vested until the bonds, together with applicable interest, are fully met and discharged and such contracts are fully performed. Nothing contained in this act shall preclude such alteration, impairment or limitation if and when adequate provision shall be made by law for the protection of the holders of the bonds or persons entering into contracts with any county or municipality. Each county and municipality is authorized to include this pledge and undertaking for the state in such bonds or contracts.
Section 11-17-13Verify source

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